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Daily Market Update 11/30/09

Mortgage rates held steady Monday, matching their lowest levels of the year. This morning, the Chicago Purchasing Managers Index rose to 56.1, above forecast, to the highest level since August 2008. A reading above 50 indicates expansion in manufacturing. Stocks moved modestly higher. Investors will be closely watching this Friday’s Employment Report for November. No other economic data will be released today.

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