Thursday, July 12, 2007

US STOCKS-Wall St reassured by retail sales; Alcoa up

(Reuters) - NEW YORK, July 12 - U.S. stocks rose on Thursday
and the Dow climbed to an intraday record after major retailers
issued reassuring monthly sales figures and outlooks, a sign
consumer spending will continue to support economic growth.




Shares of Alcoa hit a record high, rising after Alcoa was
outbid in its hostile takeover bid for rival Alcan Inc.



Read more at Reuters.com Bonds News

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