Wall St. rises with tax-rebate package, earnings
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Stocks gained in volatile trading on Thursday, with the Nasdaq up more than 1 percent, boosted by a deal for tax rebates to stimulate the U.S. economy and earnings that sparked some optimism about corporate profits.
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Wall Street appeared headed for a sharply higher open as G.E. posted earnings that met expectations, encouraging investors to buy back into stocks after a huge drop this week.
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Stocks rose on Friday, helped by government data showing stronger-than-expected job growth last month and a rally in the shares of Citigroup Inc. , the biggest U.S. bank.
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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.
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Wall Street stocks rose on Monday after Merrill Lynch announced a capital injection of up to $6.2bn, spurring a rally in financial stocks at the start of an abbreviated Christmas-Eve trading session.
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Stocks in Asia rose 3 percent on Friday as a U.S. tax stimulus package, reassuring jobs data and the prospect of another Federal Reserve rate cut eased fears the world's top economy will slide into recession.
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NEW YORK US stocks rose Monday after the software maker PeopleSoft accepted Oracle&#39;s buyout offer and data showed better-than-expected November retail sales, signaling an uptick in consumer spending.
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NEW YORK -- Wall Street surged higher Thursday as investors welcomed strong earnings from Bear Stearns Cos. and Lehman Brothers Holdings Inc. and another drop in unemployment benefits claims.
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Wall Street stocks opened higher on Friday, buoyed by some upbeat earnings results as the dollar remained under pressure.
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Stocks opened higher on Friday, buoyed by strong earnings from bellwethers Microsoft Corp and Caterpillar Inc and by optimism about an economic stimulus deal to avert a recession.
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Wall Street looked set for gains in an extended global stock bounce on Friday, soaking up the afterglow of a U.S. government tax stimulus package that has soothed recession fears.
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U.S. stocks rose on Wednesday as  positive company earnings helped extend the previous session's  rally and the three major indexes tried to post two consecutive  days of gains for only the second time this year.
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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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U.S. stocks rose on Friday as a report showing stronger-than-expected job growth boosted optimism about the outlook for profits.
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U.S. stocks advanced on Tuesday,  rebounding from a four-day losing streak, as earnings from  companies like Johnson & Johnson JNJ.N and positive consumer  confidence data pleased Wall Street.
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Stocks gained on Tuesday on higher-than-expected earnings, pushing the Dow above 14,000 for the first time and easing concern about the deteriorating subprime mortgage market.
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Wall Street is raising estimates of second-quarter earnings growth, estimating profits will be up 5.9 percent on average, according to Reuters Estimates, which compiles analysts' forecasts weekly for the Standard & Poor's 500 index .