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Stocks Rally Strongly on Retail Sales, Jobless Claims

 Phil Amato     Created: 11/6/2009 6:18:37 AM    Updated: 11/6/2009 6:20:33 AM
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NEW YORK (AP) -- Stock prices rallied strongly in the latest session, lifting the Dow back above the 10,000 level. Investors took the key averages higher after positive readings on new claims for jobless benefits and stronger chain store sales reports.

The Dow rose 204 points to 10,006. The S&P surged 20 points to 1,067 and the Nasdaq composite added 50 points to 2,105.

 

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