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- Wall St. Rises 3 Percent For Week on Friday's Slim Gain
- By Chuck MikolajczakNEW YORK (Reuters) - U.S. stocks rose 3 percent for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2 percent -- the highest in 26-1/2 years.General Electric Co GE jumped 6.2 percent to $15.33 after two analysts' upgrades and...
- News items 2009-11-06
- Stocks Eye Retailers as Jobless Ranks Swell
- By Edward KrudyNEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.Comments from Wal-Mart Stores Inc WMT, the world's largest retailer, as well as from a host of...
- News items 2009-11-06
- Stocks Eye Retailers as Jobless Ranks Grow
- By Edward KrudyNEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.Comments from Wal-Mart Stores Inc WMT, the world's largest retailer, as well as from a host of...
- News items 2009-11-08
- Stock Index Futures Point to Early Gains on Wall Street
- (Reuters) - Stock index futures pointed to a higher opening on Wall Street on Wednesday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 4:54 a.m. EST.On the macro front, data showed on Wednesday Chinese factory...
- News items 2009-11-11
- Market Gains on Homebuilder Forecast, China Data
- By Caroline ValetkevitchNEW YORK (Reuters) - The Dow and the Standard & Poor's 500 index closed at 13-month highs on Wednesday as an upbeat forecast from a top homebuilder and data from China pointed to a strengthening global economy.The Dow's advance was its sixth straight as comments from top Federal...
- News items 2009-11-11
- Macy's Holiday Outlook a Turkey, Stock Drops
- By Phil WahbaNEW YORK (Reuters) - U.S. department store operator Macy's Inc M forecast earnings for the fourth quarter, which includes the crucial holiday shopping season, far below Wall Street expectations on Wednesday, sending shares down 8.1 percent."The falls in same-store sales were less dramatic than they could have been,...
- News items 2009-11-11
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