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Wall Street climbs as data offsets taper worry

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Reuters NEW YORK

NEW YORK (Reuters) - Wall Street rose at the open on Thursday after data suggested stronger labor market conditions and subdued inflation pressures, while traders digested the Federal Reserve's latest assessment of the economy.

The Dow Jones industrial average rose 41.87 points or 0.26 percent, to 15,942.69, the S&P 500 gained 4.29 points or 0.24 percent, to 1,785.66 and the Nasdaq Composite added 16.028 points or 0.41 percent, to 3,937.298.

(Reporting by Chuck Mikolajczak)

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First Published: Nov 21 2013 | 8:22 PM IST

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