Wall Street rallies as investors bet economy is sound
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Wall Street soared yesterday, propelling the Standard &amp; Poor's 500 index and Dow Jones industrials to record highs as bright spots among generally sluggish retail sales allowed investors to toss aside concerns about the health of the economy.
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Stocks jumped on Wednesday, as lower bond yields triggered a rebound in utilities and other shares sensitive to interest rates, while signs of strength in the economy reassured investors.
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Stocks rose yesterday as reports on personal income, consumer confidence and durable goods suggested the economy may sustain above-average growth through next year.
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Global stock markets bounced back last week, and on Wall Street the three major stock indexes posted healthy gains.
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U.S. stocks rose on Tuesday after the  Federal Reserve increased interest rates for a third time this  year and said the economy had "regained some traction,"  matching market expectations.
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Wall Street moved mostly higher as investors remained upbeat after the Federal Reserveâs interest rate cut last week.
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U.S. stocks rebounded on Wednesday  after Federal Reserve Chairman Ben Bernanke said the economy  was set to grow moderately, calming investors' anxiety a day  after the Dow industrials had its worst slide since the  September 11, 2001, attacks.
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Stocks rallied on Wednesday as strong   earnings reports, lower oil prices, and the Federal Reserve's   decision to leave interest rates unchanged for the second   consecutive month increased optimism about the coming quarter   and a "soft landing" for the U.S. economy.
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Wall Street stocks managed to gain Friday as investors looked past a sharp rise in oil prices and cheered the strength of Ford Motor Co.
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Wall Street celebrated President Bush&#39;s re-election with a strong rally Wednesday, surging higher as investors welcomed the Republican&#39;s victory.
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NEW YORK - Newly optimistic investors sent stocks sharply higher Friday after economic data showed strength in manufacturing and construction. Wall Street greeted the departure of PeopleSoft Inc.'s chief executive by buying up technology shares...
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U.S. stocks rallied on Monday, driving the Nasdaq more than 1 percent higher, as corporate takeover announcements, lower crude oil prices and a rebound in the dollar boosted optimism about the economic outlook.
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Wall Street is headed toward a sharply higher opening on Monday, after solid preliminary results from IBM emboldened investors to buy back into the stock market.
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Wall Street extended its rally for a ninth straight session Friday and posted its best week in more than a year and a half amid optimism that the economy may be finally turning around.
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Stocks resumed the weekâs rally as Wall Street drew confidence from strong earnings from Oracle.
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U.S. stocks rose for a third straight day on Friday in a post-election rally after a government report showed strong jobs growth last month, boosting hopes that the economic recovery is taking hold.
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Wall Street finished moderately higher in fitful trading Thursday as investors, still nervous about the economy, decided to buy back into the market.