Democratic Underground - Yeah, what's up with that?

Reply #9: Yeah, what's up with that? [View All]

TexasLawyer

(1000+ posts) Send PM | Profile | Ignore

Fri Jul-13-07 10:18 AM
Response to Reply #6

9. Yeah, what's up with that?

Edited on Fri Jul-13-07 10:18 AM by TexasLawyer

Dow, S&P reach record on strength of retail sales reports
By Eric Martin Bloomberg NewsPublished: July 13, 2007

NEW YORK: U.S. stocks rallied Thursday, sending the Dow Jones industrials average and the Standard & Poor's 500-stock index to records, as retailers reported better-than-expected sales and investors speculated that Alcoa was about to be sold.

"The general feeling today is that we had surprisingly good reports on retail sales and the big daddy of them all, Wal-Mart, beat estimates," said John Wilson, co-director of equity strategy at Morgan Keegan in Memphis, Tennessee. "Things look very positive."

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http://www.iht.com/articles/2007/07/12/business/bxus.php

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Reply #9: Yeah, what's up with that? [View All]