Stocks show early strength
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Bargain hunting is sending stock prices higher even as oil futures top 50 dollars per barrel. The Dow Jones Industrial Average is up 29 points in today&#39;s early going.
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As oil prices ease a bit this morning and investors wait for the latest economic data, stock prices are on the rise. The Dow Jones Industrial Average is up 28 points in today&#39;s early going.
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Stocks advanced sharply in early trading, with Wall Street encouraged by strong earnings from Microsoft and an optimistic outlook from Countrywide Financial.
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London equities made progress in opening trade on Wednesday, helped by strength in financial stocks. Retailers stayed in the limelight with closely watched corporate news from J Sainsbury and DSG International.
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Wall Street stocks were higher at mid-morning on Tuesday, as solid earnings reports from bluechip companies propelled the Dow Jones Industrial Average above the 14,000 threshold for the first time.
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European stocks have made solid gains in morning deals after a rebound on Wall Street overnight.
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Stocks moved narrowly higher in early trading Monday as investors discounted another technology profit warning and focused instead on positive outlooks for third- and fourth-quarter earnings.
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European equity markets were higher in early trade on Friday, supported by resource stocks after strong overnight gains on commodity exchanges.
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NEW YORK Stocks moved sharply higher Friday after US economic data showed strength in manufacturing and construction and shrugged off a softening in consumer sentiment.
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Wall Street advanced in early trading, growing more upbeat about corporate profits after solid results from Apple, American Express and DuPont.
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European stock markets edged ahead in early deals, recovering some of the previous day's losses as strong company results on both sides of the Atlantic helped boost sentiment.
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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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Stocks rose on Tuesday, as investors snapped up shares in sectors seen likely to withstand a slowdown in growth following reports pointing to further weakness in housing.
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Stock prices are rising in moderate trading. The Dow Jones Industrial Average is up 55 points in today&#39;s early going. Advancing issues on the New York Stock Exchange hold a better than 3-1 lead over gainers decliners.
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Stocks briefly turned positive in late morning trading on Thursday as higher oil prices boosted shares of energy companies, offsetting some of the concerns about weakness in the credit market.
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Wall Street stocks moved higher in early trade on Thursday as technology shares prospered and the market awaited further direction from the US Federal Reserve.
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A report on consumer confidence due this morning may yet have an impact on market direction, but in early trading stocks are moving higher.