Stocks ended their three day downward spiral on positive Bernanke affirmation news and earnings anticipation. Even more painful news on housing wasn’t enough to deter the market from making positive gains at the end of Monday’s trading.
Stocks Higher, Retailers Fall, Intel Beats
Stocks closed higher once again on earnings anticipation. Intel beat estimates and 66 S&P 500 companies report next week. Retail sales fell .3% depressing the sector while technology stocks climbed.
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