Financial Times FT.com

Wall St recovers on boost in confidence

By Kiran Stacey in New York

Published: May 26 2009 14:16 | Last updated: May 26 2009 21:45

Wall Street stocks rallied strongly on Tuesday as figures showed that consumer confidence improved much more than expected in May.

That erased early concerns about the impact of North Korean nuclear tests and a record fall in house prices.

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