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11-2-09 Daily Small Cap Market News and Stock Highlights

Stocks are sharply higher on manufacturing and housing data

Stocks are snapping back from Friday’s big losses as stronger-than-expected reports on manufacturing and housing allay concerns that the economy’s recovery won’t last.

Major indexes rose more than 1 percent in early trading Monday, including the Dow Jones industrials, which gained 112 points, erasing a chunk of Friday’s 250-point loss.

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