World stocks remain higher after US retail sales

Nov 16th, 2009 - AOL Money & Finance

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LONDON -World stock markets continued to trade higher Monday after figures showed U.S. retail sales rose strongly in October, but largely due to a big rebound in auto sales.

The Commerce Department reported that retail sales rose 1.4 percent from the previous month. That was more than analysts' expectations for a 0.8 percent advance, but not enough to offset September's upwardly revised 2.3 percent decline.

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