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Closing Bell from MarketWatch Radio Network

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Thu, 2 Sep 2010|

The latest news from Steve Orr.

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Tags:

  1. Dow Industrials0:06
  2. NASDAQ gained0:09
  3. Wall Street0:00, 0:53
  4. Limited Brands0:32
  5. S&P 5000:11
  6. Victoria's Secret0:31
  7. Costco0:30
  8. Burger King0:39
  9. Macy's0:29

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Automatically Generated Transcript (may not be 100% accurate)

Wall Street extending yesterday's rally go big -- wind was far more modest. This time the Dow Industrials climbed 51 points the NASDAQ gained 23. The S&P 500 rose ten points the advance followed some better than expected data on housing jobs in retail. Pending home sales rose 5%. News that helped homebuilders build gains and the day weekly jobless claims fell slightly. At a number of retailers including Macy's Costco and Victoria's Secret parent Limited Brands posted solid sales last month. All three stocks were winners of the day. And Burger King was cocaine after agreeing to a roughly four billion dollar takeover by three G capital management that is a private investment firm. The burger chain stocks surged 25%. Once again Wall Street the Dow up 51. I'm Steve war from the newsroom at marketwatch.com.

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