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The U.S. Commerce Department released factory orders data on Tuesday. Factory orders in the U.S. rose 1.8% in June, in line expectations, after a 1.1% decrease in May. May's figure was revised down from a 1.0% decline.
The increase was driven by a rise in demand for commercial aircraft.
Durable goods increased by 3.4% in June.
Orders for transportation equipment jumped by 9.3% in June.
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