• Nasdaq, S&P rise 1% driving day two of stock gains

  U.S. stocks extended Tuesday's rally with all three of the major averages closing with gains as investors celebrated a rise in the Consumer Confidence Index which hit the best level since July, and an improving 3Q GDP rise of 2.3% albeit below the 6.7% 2Q jump. All 11 of the major S&P sectors rose led by consumer discretionary stocks, while Caterpillar and Microsoft kept the Dow in the green with its 261 point gain.

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