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The first reading on 3Q growth came in well ahead of views, and though the consumer part of the equation is weak, underlying business side looks healthy.
After booking a 3Q beat and revealing plans to boost credit-card processing fees, Visa soared Thursday, lifting the Dow solidly in positive territory, while the Nasdaq and S&P 500 hung back in the red.
The same debate Japan has been having since the ‘90s over undead businesses still in operation is now breaking out in the U.S. and in Europe.
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