Stocks wait for PPI, mergers and Santa
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With Wall Street in the final stretch of the year and the Dow Jones industrial average in record territory, investors expect next week to bring in even more holiday cheer.
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US stocks halted their &quot;Santa rally&quot; on Monday and ended lower as a sharp drop in the oil price knocked down shares of energy-related companies such as Exxon Mobil Corp
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Bargain hunters may want to keep an eye on this stock.
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U.S. stocks may stall at the start of  this week as investors wait for word from the Federal Reserve's  final policy meeting of the year.
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In NEW YORK story headlined "U.S. stocks rise, oil price  drop helps," please read in fourth paragraph, "Stocks typically  gain in late December in what some traders peg as the 'Santa  rally' which comes during the last five days of the year..."   instead of "Stocks typically gain in late December in what some  traders peg as the 'Santa rally' then fall within the last five  days of the year..."
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Some stocks to consider in the wake of the Fed cut.
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Summer's here, and investors will be watching to see if this week's economic data and the recent dealmaking surge can keep stocks from succumbing to the seasonal doldrums.
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The stock's case of ennui isn't over yet.
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Wall Street is taking a big bite of its Christmas-rally pie - sweetened by hopes of a new year flush with merger and acquisition activity.
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U.S. stocks are expected to open  little changed on Thursday ahead of the long Christmas weekend,  but a raft of economic data and the latest fall in oil prices  could move the market.
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A decline in oil prices and a bump-up for the dollar in currency trading has Wall Street extending its Santa Claus rally in the early going.
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Wall Street hopes its traditional  year-end "Santa rally" will pick up steam this week.
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Tears won't be shed on Wall Street this Christmas. The doom and gloom will wait for next year.
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Which stocks stash their cash in a flash?
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With Wall Street itching for an end-of-the-year surge but still somewhat nervous about consumer spending, Americans' shopping patterns in the last hours before Christmas could make or break a "Santa Claus rally."
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Investors have only a sprinkling of  economic data on their plates in the last full week of 2007,  but if the numbers come through as expected, stocks may extend  Friday's early Santa Claus rally.
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Wall Street is still on course to end 2006 in the plus column, but it's too early to pop the champagne corks. Investors will comb through next week's jobs report for November and other data to see if the U.S. economy and corporate profits will be able to withstand the fallout from a slowdown in housing and the dollar's slide.