Stocks edge higher on retail spending gains (AP)

By admin on November 15th, 2011

In this Nov. 10, 2011 photo, trader Kevin Cassidy works on the floor of the New York Stock Exchange. Rising borrowing rates for many of the eurozone's more indebted countries sent investors scurrying out of stock markets Tuesday, Nov. 15, 2011, on a day that Italy's premier-designate was looking to get the support of the country's political parties for a technocratic government. (AP Photo/Richard Drew)AP – Stocks indexes edged higher in afternoon trading Tuesday as investors balanced another spike in Italy’s main borrowing rate with an increase in U.S. retail spending. The Dow Jones industrial average rose almost 30 points in afternoon trading.


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