Stocks rose at the open Thursday, after the last sessions big pullback, with oil futures trading above $123 a barrel but with investors finding relief in decent retail sales from the likes of Wal-Mart Stores. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
Sources:
www.dollardrops.com
jutiagroup.com
www.globalvoicesonline.org
www.canadiancapitalist.com
The broader chain of Wal-Mart stores has no plans to limit food purchases, however. Rice futures hit a record high amid global food inflation, although one rice expert said the warehouse chains may be reacting less to any shortages than to stockpiling by restaurants and small stores. Sam’s Club followed Seattle-based Costco Wholesale Corp.’s, which [...]
Continue Reading...Wal-Mart says it’s going to stop selling baby bottles made with a plastic called BPA, and the Canadian government plans to ban their sale. The Dow rises nearly 55 points after Wal-Mart and DuPont raise earnings guidance, but there’s worry about a short-lived uptick. The retailer reports a rise in same-store sales and boosts first-quarter [...]
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