US durable goods orders fell 1.2% in Oct, vs 0.3% increase expected

New orders for key U.S.-made capital goods unexpectedly fell in October after three straight months of hefty gains, but a sustained increase in shipments pointed to strong momentum in the economy as the year winds down. The Commerce Department said on Wednesday that orders for non-defense capital...

US durable goods orders fell 1.2% in Oct, vs 0.3% increase expected