US economic recovery slows

Disappointing economic data from America has lifted stocks to new highs.

America's monthly employment figures, one of the key data releases delayed by the US government shutdown, were released this week. Payrolls expanded by 148,000 in September, compared to expectations of 180,000.

The unemployment rate crept down from 7.3% to 7.2%. Existing house sales, meanwhile, fell to their slowest annual pace in four months.

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