Holiday Cheer Sends Markets Higher
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The weather outside was frightful, retail sales were not delightful, but investors had no place to go, so they let the stock market go, and go and go.
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U.S. stocks climbed on Thursday, after durable goods data pointed to a healthy pace of activity in the factory sector and another report showed an improvement in consumer sentiment for December, but the session was expected to be quiet before the Christmas holiday.
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Stocks rose on Thursday as a rebound in global equity markets helped boost financial shares and robust monthly sales from some retailers relieved worries about the economy's health.
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U.S. stocks ended higher on Thursday  as investors hoping for a year-end rally bought shares.
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Investors cheered by falling oil prices and an improving job picture sent stocks higher Tuesday, hoping that the news signals a renewal of economic strength and a fall rally in stocks.
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U.S. stocks rose in light trading before a holiday on Friday as takeover news, including Nasdaq Stock Market Inc.'s  plan to buy a Nordic exchanges company, revived appetite for equities.
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With Wall Street in the year's final  stretch and the Dow in record territory, investors believe this  week will bring even more holiday cheer.
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U.S. stocks advanced at the start of trading Wednesday as investors appeared to cheer a report showing better-than-expected productivity.
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European stock markets have risen solidly after Wall Street had rebounded overnight.
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Europe's main stock markets rose on Thursday in light trade after the Christmas break and following slender overnight gains on Wall Street, dealers said.
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US stocks opened a touch higher today after data on unemployment claims offered a dose of cheer for the job market, while investors drew comfort from a fall in crude oil prices.
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Stocks rose in light trading on Friday before a holiday, as Nasdaq Stock Market Inc.'s  plan to buy a Nordic exchanges company restored enthusiasm about takeover activity.
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Stocks opened higher on Wednesday, bouncing back after the prior session's sell-off, as investors snapped up beaten-down financial shares.
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Investors cheered by falling oil prices sent stocks higher yesterday, hoping the news signals a renewal of economic strength and an autumn rally.
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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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US stocks traded higher on Thursday as strong durable goods data and an improvement in consumer sentiment for December signaled economic strength, but trading volumes were light before the Christmas holiday.
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U.S. stocks were up slightly on  Thursday in light trading ahead of the Christmas holiday amid a  year-end rally.