Microsoft and Countrywide outlooks lift market
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Stocks rose on Friday after a higher profit forecast by Microsoft Corp.  lifted all three major indexes and an upbeat outlook by lender Countrywide Financial Corp.  stemmed fears of financial-sector losses.
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U.S. stocks gained on Thursday after news Bank of America  is in advanced talks to buy struggling mortgage lender Countrywide Financial Corp .
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Microsoft  reported a rise in quarterly profit on Thursday, boosted by strong sales of its Windows operating system, and the company raised its full-year profit outlook, sending its shares up 4 percent.
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Stocks rose on Thursday after data showed new home sales increased more than economists had expected last month, boosting optimism about economic growth and corporate profits.
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Stocks rose on Wednesday after a pullback in benchmark bond yields and signs of strength in the economy triggered a rebound in interest-rate-sensitive shares, including banks, utilities and home builders.
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Microsoft reported surprisingly strong quarterly profits and sales growth in its core software products, sending its stock up 12 percent in after-hours trading.
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Stock index futures rose on Friday, buoyed by strong earnings from Microsoft Corp and as a speedy agreement on a U.S. economic stimulus package helped boost investor confidence.
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Stocks rallied on Friday after Microsoft's upbeat outlook boosted the three major indexes and a profit forecast from lender Countrywide Financial buoyed the struggling financial sector.
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Stocks advanced on Thursday as a rebound in global equity markets helped boost investment banks' shares and strong earnings from U.S. retailers on strong monthly sales allayed worries about the economy's health.
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U.S. stocks gained on Tuesday as a report showing a surprisingly robust services sector boosted hopes that profit growth would weather fallout from a slowing housing market.
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US stocks were higher on Tuesday, amid a broad-based rally that included a rebound in the battered financial sector.
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Stocks were set to open higher on Friday after lender Countrywide Financial Corp.  said it expects to return to profitability this quarter and Microsoft Corp.  raised its profit outlook.
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Stocks rebounded on Monday from last week's losses after IBM reported higher-than-expected preliminary financial results, lifting the technology sector.
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U.S. stocks rose on Thursday, extending a rebound from last week's sharp sell-off, as investors snapped up financial shares and strong monthly sales from key retailers overshadowed concerns about the subprime mortgage lending market.
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Stocks rallied on Friday as strong results from Research in Motion lifted the technology sector while a report of another overseas investment in a U.S. investment bank boosted financial stocks.
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U.S. stocks rose on Friday after data showed consumer prices were unexpectedly flat in November, boosting optimism that economic growth is neither too fast nor too slow.
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Buoyed by another Federal Reserve interest-rate cut and by Microsoftâs $44.6 billion bid for Yahoo, the broad stock market rose last week.