Stocks rise in short session on Apple, M&A
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Stocks gained in a holiday-shortened session on Tuesday, lifted by fresh takeover talk and after a report suggesting Apple Inc.  will generate fat profit margins on its iPhone.
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U.S. stocks climbed on Tuesday as  retail shares like Wal-Mart Stores Inc. WMT.N got a lift from  better-than-expected January retail sales data, while  technology shares received a boost from a 3.6 percent rise in  Apple Computer.
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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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Wall Street apparently has rewarded Apple (Nasdaq: AAPL), both for its fiscal 2004 fourth-quarter numbers and for its latest iPod and iTunes offerings: Apple's share price as of midday Thursday is just over US&#36;50, its highest price in four years, and almost &#36;12 higher than its average share price the previous month.
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U.S. stocks rose on Monday as demand   for technology shares such as Apple Computer Inc. AAPL.O and   for semiconductor shares helped lift the Nasdaq more than 1   percent.
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U.S. stocks gained on Monday in a   holiday-shortened session, lifted by positive news about   Citigroup Inc. C.N that helped financial sector shares and   increased optimism about the interest-rate outlook.
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The Nasdaq rose on Tuesday after strong profit at Apple Inc.  suggested tech stocks may still have room to grow, while disappointing news from retailers, including Wal-Mart Stores Inc , crimped gains in the broad market.
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Shares of Apple Inc. rose more than 3 percent on Thursday as investors bet on strong demand for its media-playing iPhone, almost a week after its U.S. launch, and speculation mounted over plans to sell the device in Europe.
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U.S. stocks rose on Monday, helped by   gains in semiconductors and technology shares such as Apple   Computer Inc. AAPL.O, and by a smaller-than-expected drop in   August existing home sales.
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U.S. stocks extended gains on Wednesday, with the S&P 500 and Nasdaq both up more than 1 percent, as investors hunted for bargains among large cap technology shares.
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Shares of Apple Computer Inc.AAPL.O  rose more than 10 percent in early trade on Thursday, boosted  by its report that quarterly profit and revenue jumped on  robust sales of its iPod digital music players, and optimism  for results in the current quarter.
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Stock futures rose on Monday, pointing to a firmer open, as investors pinned hopes on a solid start to the holiday shopping season, while Apple Computer Inc  was helped by another brokerage raising its price target on the stock.
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U.S. stocks rose on Wednesday lifted  by a merger between retailers Kmart and Sears,  better-than-expected earnings from Hewlett-Packard and data  showing a slight rise in core inflation.
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The Nasdaq composite index briefly rose 1 percent, led by gains in Apple Inc.  before it reports its earnings later on Monday. The Dow industrials and S&P 500 index reversed course to advance.
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Shares of Apple Computer Inc. rose more than 10 percent in early trade on Thursday, boosted by its report that quarterly profit and revenue jumped on robust sales of its iPod digital music players, and optimism for results in the current quarter.
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Wall Street advanced in a holiday-shortened session on Tuesday, lifted by the latest takeover news and stronger-than-expected manufacturing data.
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U.S. stocks were poised to open higher, with Wall Street growing more upbeat about corporate profits after solid results from Apple, American Express and DuPont.