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Old 02-02-2010, 03:24 PM
 
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NEW YORK (Reuters) - Stocks rallied for a second day on Tuesday as better-than-expected earnings and encouraging data calmed investors after the market's recent sell-off.

Rising sales of previously owned U.S. homes and robust earnings from bellwethers representing consumer and industrial businesses, including Whirlpool Corp and Cummins Inc, pointed to a steady rebound in demand.

Wall Street climbs for 2nd day on solid earnings, data | Reuters

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