How did the durable goods orders perform according to the text?
U.S. Consumer Confidence Falls to 94.2 in April
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The transcript discusses a decline in economic indicators from March to April, with figures falling below economists' estimates. This adds to the negative economic news, including lower-than-expected durable goods orders. The market's reaction is considered, with potential implications for the Federal Reserve's stance, possibly favoring a more dovish approach.
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What might the economic news provide to the doves in the market?
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