European stocks rally, London up 1.0%
AFP - Fri Dec 11, 7:34 am ETEurope's main stock markets rose strongly early trading on Friday after sharp gains in Tokyo and a positive showing overnight on Wall Street.
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Europe's main stock markets rose strongly early trading on Friday after sharp gains in Tokyo and a positive showing overnight on Wall Street.
U.S. stocks gained and the dollar rallied Friday, as a series of reports on the consumer pointed to an improving economy. Recently, the Dow Jones Industrial Average (DJI) added 42 points, or 0.4%, to 10,447. The index was paced higher by Alcoa Inc. (AA), United Technologies Corp.
Dec. 11 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading . Stock symbols are in parentheses, and prices are as of 10 a.m. in New York.
Alcoa was the best performer on the Dow after the aluminum maker's price target was lifted by JPMorgan Chase.
Dec. 11 (Bloomberg) -- U.S. stocks rose, indicating the Standard & Poor’s 500 Index may erase its weekly loss, after better-than-estimated retail sales and consumer confidence data bolstered optimism that the economic recovery is strengthening.
Energy stocks move higher as investors sift through an increased forecast for oil demand and a rise in the overall equities market.
Stocks were rising Friday as November retail sales and consumer sentiment beat expectations.
Stocks and the dollar stage rallies, as Friday morning's reports on the consumer point to an improving economy.
Stocks saw a stronger open Friday as November retail sales rose 1.3%, more than was expected.
Stocks climbed modestly higher Friday morning as a pair of better-than-expected reports on consumer sentiment and retail sales boosted Wall Street's hopes for a strong holiday shopping season.
Dec. 11 (Bloomberg) -- U.S. stocks extended gains after a gauge of consumer confidence topped estimates, adding to an early advance spurred by better-than-estimated retail sales.
Stocks Rise For 3rd Day After Upbeat Retail Sales
Dec. 11 (Bloomberg) -- U.S. stocks rose, indicating the Standard & Poor’s 500 Index may erase its weekly loss, after a bigger-than-estimated increase in retail sales bolstered optimism that the economic recovery is strengthening.
November retail sales rise nearly twice as much as expected, while the dollar also improves.
Dec. 11 (Bloomberg) -- U.S. stock-index futures rose, indicating the Standard & Poor’s 500 Index may erase its weekly loss, after a bigger-than-estimated increase in retail sales bolstered optimism that the economic recovery is strengthening.
U.S. Stock Futures Rise On Retail Sales Gain