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The U.S. Commerce Department released wholesale inventories on Tuesday. Wholesale inventories in the U.S. rose 0.4% in October, exceeding expectations for a 0.1% increase, after a 0.4% gain in September. September's figure was revised up from a 0.3% rise.
Inventories of durable goods were flat in October, while inventories of non-durable goods climbed by 1.2%.
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