Salesforce expects a fourth-quarter loss. Gap's profit falls but beats forecasts.
The blue chips end up 23 points as a great October continues. The S&P 500 and Nasdaq rise for a fourth week. Gold and crude oil drift lower. Higher prices boost Chevron profits. Weak sales force Whirlpool to lay off 5,000. Merck earnings rise.
The device has been fantastically successful. Is it the new portable computer?
The Chicago PMI report cheers investors, who are hoping the economy's soft patch is firming up. Greece's parliament approves austerity legislation. Could Hewlett-Packard be broken up? Oil and gold fall.
The Dow ends with a 34-point gain. Crude oil tops $91. Gold and silver rise. Verizon will sell iPhones in February. Supervalu profit slumps on pressure from Wal-Mart and Target.
Despite profit-taking, the Dow and S&P 500 stomp on doomsayers who saw continued weakness after a slow summer. Gold slips. AIG moves to shed government involvement.
But bulls resist efforts to muscle the market lower. Gold briefly tops $1,314. Hewlett-Packard rises on bullish outlook. Nintendo tumbles on an earnings warning. A big IPO is postponed.
A morning recovery falls apart as a weak report on jobless claims disappoints investors. Wall Street cheers Nike earnings. Gold moves higher, and Starbucks raises prices.
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