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IBD'S TOP 10.(A)
Late-Day Boost Helps Lift Stocks
1 The Nasdaq rose 0.5%, the S&P 500 0.2%, the small-cap S&P 600 0.3%, the Dow less than 0.1% as they all closed near their intraday highs. Volume ended about even with Wednesday. Several retailers took off on May sales data. Oil's afternoon retreat helped lift stocks. The yield on the 10-year Treasury note ticked up to 3.90% from Wed.'s 13-month low. More on this page, B2
Retailers' May Sales Were Solid
2Overall same-store sales rose 2.9% vs. a year ago, a little light due to unseasonably cool weather. Wal-Mart met forecasts for a 2.5% gain; Target and Costco edged past views. Teen apparel chains like Bebe Stores and luxury chains such as Nordstrom continued to outperform. Federated Department Stores and the Gap fell short. Retailers' shares did well. More on this page
Oil Prices Retreat After Wild Day
3July crude rose as high as $55.40 a barrel but retreated to close down 97 cents to $53.63. The decline broke a 7-session-up run, including Wed.'s 5% surge. The Energy Dept. said U.S. crude inventories rose last week. For a while traders bid up prices amid concerns about distillate supplies, which include heating oil and diesel. More on B12
California Rep. Cox To Head SEC
- Manufacturing productivity and labor costs in 14 economies.
- Magazine article from: Monthly Labor Review Neef, Arthur Kask, Christopher December 1, 1991 700+ words
...productivity growth rates slow even more. Unit labor costs, which reflect changes in labor productivity...smaller increase or a decrease) in unit labor costs, relative to other countries, should...price competitiveness. In 1990, unit labor costs rose less than 1 percent in the ...
- Trends in manufacturing productivity and labor costs in the U.S. and abroad.
- Magazine article from: Monthly Labor Review Thomas, James Neef, Arthur December 1, 1987 700+ words
...Trends in manufacturing productivity and labor costs in the U.S. and abroad The U.S...Netherlands, Norway, and Sweden. Unit labor costs--a measure of the relationship between hourly labor costs and labor productivity (output per...
- Strong Earnings Lift Stocks
- Newspaper article from: The Journal Record October 20, 1994 700+ words
NEW YORK (AP) _ Stocks sprinted higher on Wednesday, defying a drag of higher interest rates, after several prominent companies issued strong earnings reports. The Dow Jones industrial average rose 18.50 to 3,936.04, reversing Tuesday's 6-point loss and resuming a climb that added 3 percent last
- Takeover Deals Lift Stocks; Dow Up 8.07
- Newspaper article from: The Washington Post Peter Coy April 13, 1989 700+ words
Stocks rose again today in a session marked by takeover deals and mild optimism about the outlook for interest rates. The Dow Jones average of 30 industrials rose 8.07 to 2319.65. Advancing issues outnumbered declining ones by about 4 to 3 in nationwide trading of New York Stock Exchange-listed
- Merger Rumors Lift Stocks at Ford, European Auto Makers.
- Newspaper article from: Knight Ridder/Tribune Business News Evanoff, Ted December 23, 1998 700+ words
Knight Ridder/Tribune Business News Dec. 24 -- Investors pushed up the stock prices of AB Volvo and BMW AG on Wednesday after rumors continued about those European automakers negotiating separate mergers with Ford Motor Co. Ford, Volvo and BMW dismissed the rumors as speculation. But the value of
- Buoyant gold prices lift stocks but banks fall after Mboweni's...
- Newspaper article from: The Star (South Africa) June 23, 2006 700+ words
BYLINE: From REUTERS Johannesburg - Gold mining stocks led the JSE higher yesterday thanks to buoyant prices for the yellow metal, while banks and industrials tumbled after the central bank governor's hawkish comments in parliament. The Top 40 index rose 0.19 percent to 18 929.09, while the all
- Signs of healing lift stocks
- Newspaper article from: Telegraph - Herald (Dubuque) August 4, 2009 700+ words
NEW YORK - The Standard & Poor's 500 index is four digits again. The widely used stock market measure broke above 1,000 on Monday for the first time in nine months as reports on manufacturing, construction and banking sent investors more signals that the economy is gathering strength. The S&P is
- Strong Economic Reports Lift Stocks to New Highs
- Newspaper article from: The Washington Post January 15, 1994 700+ words
Wall Street stocks surged into record territory today, as more good news about the economy halted three straight sessions of profit-taking. The Nasdaq market set a second consecutive record high. The Dow Jones industrial average rose 24.77 points, to 3867.20, surpassing Monday's record of 3865.51.