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Market Outlook for Friday, September 24, 2010

Friday saw U.S. stock futures edge higher as traders anticipated reports on durable goods orders and new home sales for fresh clues about the health of the economy.

A surprise jump in business confidence in Germany tempered fresh worries about Europe's economy, which could allow stocks to recover some of Thursday's losses. Stocks fell a day ago, in part, due to news that business activity slowed in the 16 countries that used the euro. European markets were not able to erase losses after the news, but the euro did rise sharply against the dollar.

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