Author: 123jump.com Staff
123jump.com
Last Update: 9:47 AM EST November 13 2007
U.S. stocks open higher with Dow Jones, S&P 500, and Nasdaq edging nearly 0.6% ahead. Wal-Mart reported 8.9% rise in sales and third quarter earnings rise of 7.9%. Domestic sales played a crucial role in earnings growth. Same-store domestic sales in the quarter, excluding fuel, rose 1.5%. Vodafone returned to profit on higher revenue at recently acquired mobile companies in India and Turkey. Oil declined. The Bank of Japan left rates unchanged to 0.5%.
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