U.S. Stocks Up on Kmart-Sears Deal
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U.S. stocks surged on Wednesday on  news of Kmart's plan to buy Sears, but the dollar sank,  touching a record low against the euro on worries over the wide  U.S. current account deficit and the strength of China's yuan  currency.
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U.S. stocks ended higher on Tuesday,  as Wal-Mart Stores Inc. WMT.N and other retail stocks rose  following better-than-expected January spending data, while  tech shares were buoyed by Apple Computer Inc. AAPL.O.
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Martha Stewart Living Omnimedia Inc. stock jumped to its highest level in nearly four years on Friday following a steady climb spurred by Kmart Holding Corp.
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Sears, Roebuck and Co.'s stock shot up Friday on news that a New York-based real estate investment trust had purchased a 4.3 percent interest in the huge department store chain.
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Shares of Sears, Roebuck and Co. were up about 20 percent on Friday after real estate company Vornado Realty Trust said it raised its stake in the retailer, a step that could mean Sears
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U.S. stocks opened higher on Thursday,  helped by companies such as Wal-Mart Stores Inc. WMT.N and  Costco Wholesale Corp.COST.O  as a slew of retailers reported  holiday sales data, although weekly jobless data caused some  concern.
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Stocks advanced on Thursday as a rebound in global equity markets helped boost investment banks' shares and strong earnings from U.S. retailers on strong monthly sales allayed worries about the economy's health.
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U.S. stock futures rose on Thursday, suggesting stocks could extend gains from the previous session, as retailers including Costco Wholesale Corp.  and Limited Brands Inc.  posted higher November sales.
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U.S. stocks to watch on Wednesday  include Sears, Roebuck & Co., Kmart Holding Corp.,  Hewlett-Packard Co., and Network Appliance Inc.
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Stocks closed higher on Wall Street as investors welcomed the merger of Kmart Holding Corp. and Sears. However, climbing oil prices restricted gains.
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Sears, Roebuck and Co.&#39;s stock shot up 23 percent Friday after a real estate investment trust disclosed it had purchased a 4.3 percent interest in the department-store chain.
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Stocks rose on Wednesday as Home Depot  Inc.&#39;s  plan for a $22.5 billion share buyback  underscored optimism about equity valuations, along with the  growing allure of large-cap stocks, including General Electric  Co. .
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U.S. stocks strengthened on Tuesday on  sharply stronger consumer confidence data and gains in Internet  stocks following a brokerage's upgrade of Web retailer  Amazon.com Inc. AMZN.O.
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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 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 closed higher, reviving  their recent rally on Wednesday after Kmart's plan to buy Sears  in a $10.85 billion deal was announced and computer maker  Hewlett-Packard Co. HPQ.N posted solid earnings, but a rise  in oil prices capped session gains.
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Stocks rose on Wednesday after news  of an $11.5 billion retailing deal and solid earnings from  computer maker Hewlett-Packard Co. HPQ.N, but a rise in oil  prices caused stocks to trim gains.