Summary
NEW YORK -- The surprise transfer of power in Iraq on Monday, coming two days early and without incident, boosted investor confidence on Wall Street and sent stocks higher in early trading.
Investors had worried that the transfer in Iraq would be sabotaged by terrorists, and were cheered at the surprise move, originally scheduled for Wednesday, which may have foiled widespread attacks in the troubled nation.See the full content of this document
Extract
Surprise Transfer in Iraq Boosts Stocks
A higher-than-expected jump in both personal income and spending also was seen as good news, with consumer...
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