GM accord, rate hopes boost stocks
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Stocks gained on Wednesday as a tentative labor agreement at General Motors Corp  eased worries about Detroit's automakers and more weak economic data added to expectations for another cut in interest rates.
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U.S. stocks rose on Friday after bond yields retreated from a sharp rise to 5.25 percent, easing concerns about the impact of rising interest rates on stocks.
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Stocks gained on Friday after bond yields retreated from a sharp rise to 5.25 percent, easing concerns about the impact of rising interest rates on stocks.
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Stocks rose on Friday, with the Dow industrials advancing 1 percent, helped by a higher-than-expected profit forecast from IBM  and earnings from General Electric Co  that met Wall Street expectations.
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Stocks opened higher after G.M. reached a tentative agreement with the U.A.W. and as another lackluster economic report stirred hopes the Fed will cut interest rates again.
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Stocks rose soundly yesterday after word that General Motors had a tentative contract agreement with the United Automobile Workers and that Bear Stearns might sell a share in the company.
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Mortgage rates around the country climbed this week as Wall Street investors responded to some encouraging signs that the economy is gaining traction.
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Stocks edged up on Thursday, extending a steep late-day rally in the previous session that was sparked by optimism about government and central bank plans to boost the economy.
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Stock index futures rose on Friday, signaling a higher market open, after General Electric Co.  increased its stock repurchase plan, adding to investors' optimism after Thursday's record session.
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Stocks rose on Thursday after brokerages upgraded General Motors Corp.  and Merck & Co.  and McDonald's Corp.  boosted its annual dividend by 50 percent.
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Stocks rallied on Tuesday, bolstered by confidence the Federal Reserve will cut interest rates next week, another round of upbeat outlooks from technology companies, and solid sales from McDonald's Corp.
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Stocks rose on Wednesday as a labor agreement at General Motors Corp  promised to lower costs for Detroit's automakers, while a report that Bear Stearns may sell a stake to outside investors boosted brokerage stocks.
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US stocks gained yesterday, after the Federal Reserve raised interest rates as expected, while it reassured investors that inflation was in check and indicated the economy was growing at a moderate pace.
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General Motors Corp. (GM.N: Quote, Profile, Research) on Thursday led a late-day rally in auto stocks, one day after the world&#39;s largest automaker posted dismal US sales results for August and cut vehicle production.
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NEW YORK, Sept. 26 -- Stocks rose soundly Wednesday after word that some of the problems dogging big companies like General Motors and Bear Stearns were beginning to be sorted out.
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Upbeat economic news and a lot of merger and acquisition activity have stocks rising on Wall Street ahead of the Federal Reserve&#39;s decision on interest rates tomorrow.
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Stocks rose on Thursday as optimism about tech spending and positive broker comments on companies such as Advanced Micro Devices Inc.  fueled a technology sector advance, offsetting worries about interest rates.