Retail Sales Report Lifts Stocks
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Sales of food and retail items unexpectedly climbed 0.3% last month after falling 0.4% in December, the government reported.
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US stocks traded higher on Thursday as strong durable goods data and an improvement in consumer sentiment for December signaled economic strength, but trading volumes were light before the Christmas holiday.
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Stocks rose on Thursday after strong August sales from Wal-Mart Stores Inc  and other retailers combined with positive economic data calmed concerns about mortgage market turmoil hurting the broader economy.
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Stocks rose as an $11 billion offer by Kmart for Sears, Roebuck lifted retailers and better-than-expected earnings from Hewlett-Packard ignited a rally in technology shares.
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European stocks moved into positive territory on Wednesday afternoon after better-than-expected retail sales figures in the US lifted sentiment across the Atlantic.
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NEW YORK - Stocks moved higher Friday as a stronger than expected retail sales report showed that higher oil prices aren't scaring consumers away from spending.    Wall Street had worried that soaring oil and gasoline prices would prompt consumers to spend less...
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Stocks climbed higher on Thursday,  with Wall Street bouncing back from a string of declines and  encouraged by December sales figures from U.S. retailers.
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U.S. stocks rose on Tuesday, pushing  the Dow and S&P 500 to fresh 2005 highs, as retail shares got a  boost from better-than-expected January retail sales, while an  unsolicited bid for Circuit City Stores Inc.CC.N raised hopes  for more deals to come.
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U.S. stocks were higher on Tuesday  after strong earnings were posted by several retailers, led by  Home Depot Inc. HD.N, and after U.S. economic reports for  July showed that inflationary pressure was held in check and  housing starts rebounded sharply.
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Stocks rose on Monday, lifted by news Merrill Lynch  plans to sell a lending unit and with investors eyeing retailers as the busy holiday shopping season draws to a close.
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Wall Street stocks were trading higher by mid-morning on Friday, boosted by better-than-expected new homes sales and durable goods orders last month.
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US stocks rose as Kmart Holding Corp.&#39;s $11 billion offer for Sears, Roebuck &amp; Co. lifted retailers and Hewlett-Packard Co.
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Stocks jumped on Thursday, driving both the S&P 500 and the Nasdaq composite indexes up more than 1 percent as stocks rebounded, led by gains in financial services companies and retailers.
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US STOCKS rose on Friday after a government report showed better-than-expected retail sales and United States Federal Reserve Chairman Alan Greenspan suggested that record oil prices would not slow economic growth.
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U.S. stocks traded higher on Tuesday,  shrugging off rebounding oil prices, as several retailers  posted strong earnings and two reports eased worries that the  U.S. economic recovery is losing steam.
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Stocks rose on Thursday as a rebound in global equity markets helped boost financial shares and robust monthly sales from some retailers relieved worries about the economy's health.
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U.S. stocks rose on Monday after  software maker PeopleSoft Inc. PSFT.O accepted rival Oracle  Corp.'s ORCL.O buyout offer and a government report showed  better-than-expected retail sales in November, signaling an  uptick in consumer spending.