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>> MICROSOFT Latest News

APR 11, 2013 - Time

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Stocks Rise for Fourth Day in a Row, Led by Retail

(NEW YORK) — Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, and major stock market indexes rose for a fourth day straight. The discount chain Ross Stores jumped 6 percent, the best gain in the Standard & Poor’s 500 index. The company said stronger sales in March will likely push profits above its previous estimate this quarter. The stock jumped $3.56 to $63.80. A surprising drop in claims for unemployment benefits last week gave investors more encouragement. Analysts said it could mean a slowdown in hiring last month may have been ... Read More

Tags: Stocks Rise for Fourth Day in a Row, Led by Retail,  Microsoft Latest News