Summary
NEW YORK -- This time, it was the consumer who had Wall Street rallying.
Better-than-expected earnings from big consumer brands Best Buy, ConAgra Foods Inc. and Dr Pepper Snapple Group Inc. sent the Dow Jones industrial average up 174 points Thursday to its highest level in six weeks. It has surged 21 percent since hitting a nearly 12- year low on March 9. And the technology-dominated Nasdaq composite index is now up 0.63 percent for 2009.See the full content of this document
Extract
Earnings Send Dow to a 6-Week High
Strong demand for government debt at the Treasury Department's latest auction also lifted stocks by helping investors set aside recent nervousness abou...
See the full content of this document
Sponsored links
