Stocks: Upbeat orders data bolster Wall Street
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NEW YORK Stocks moved modestly higher Friday as stable oil prices and a report on durable goods orders cheered investors at the end of a losing week.
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Stocks turned positive on Wednesday after rising oil prices pushed energy shares higher in light volume.
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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.
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The stock market rose for the week as upbeat economic news offset concerns about inflation and interest rates.
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U.S. stocks rose  on Tuesday as  better-than-expected corporate earnings and positive consumer  confidence data lifted the mood on Wall Street a day after  major indexes hit November lows.
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UK blue chips were strong in solid trade near the session peak as Wall Street pushed higher in early deals as investors assessed a big batch mainly positive batch of US data, dealers said
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Wall Street rallied for a second consecutive session yesterday after the governmentÂs latest gross domestic product reading showed the economy was in better shape than expected, easing concerns that growth was slowing too sharply.
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U.S. blue-chip stocks rose on Thursday  as better-than-expected economic data and healthy company  earnings helped the mood on Wall Street, but higher oil prices  limited the advances.
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U.S. stocks jumped on Friday as surprisingly strong data on home sales and durable goods orders relieved anxiety about the economy and bolstered investor confidence after weeks of market turbulence.
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U.S. stocks got off to an upbeat start on Friday, led by technology shares after higher-than-expected results from software maker Oracle Corp  and a share buyback from Texas Instruments Inc .
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U.S. stocks rallied on Monday, with the S&P 500 index reaching a six-year high and the Nasdaq jumping more than 1 percent as lower oil prices and a wave of takeover deals boosted optimism about the economic outlook and corporate valuations.
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Stocks dashed higher Tuesday as investors welcomed strong earnings from financial services companies, upbeat economic data and some reassuring news from the Federal Reserve.
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Stocks rose on Thursday after data showed new home sales increased more than economists had expected last month, boosting optimism about economic growth and corporate profits.
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WALL Street opened higher today on the heels of last week&#39;s closing rally, with investors awaiting the latest snapshot on US factory orders.
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U.S. stocks rose on Wednesday after  data pointing to strength in consumer spending boosted optimism  about profit growth and as bond yields retreated from five-year  highs.
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Wall Street was poised for a higher open on Friday, lifted by positive news from the technology sector, including higher-than-expected results from software maker Oracle Corp  and a stock buyback from Texas Instruments Inc .
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NEW YORK: Wall Street rallied Friday on mostly upbeat economic news, with the technology sector lifted by a shakeup at PeopleSoft that boosted expectations for a high-profile merger.