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Wall Street appears ready to claim a third straight day of gains as stocks continue a rally cheered by brighter economic news and expectations of higher corporate profits. All three major U.S. indexes -- the Dow Jones industrial average, the S&P 500 and the Nasdaq composite -- were higher in premarket trading Wednesday morning.

Yesterday, the Dow Jones industrial average had its second-straight day of double-digit point gains, picking up 131.50 to end at 9,731.25 after Australia boosted interest rates citing an improved economy and earnings expectations that rose for the just-concluded third quarter.

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Before the bell: Investors look to add to two days of gains originally appeared on BloggingStocks on Wed, 07 Oct 2009 07:30:00 EST. Please see our terms for use of feeds.

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