U.S. stocks rise on 'Goldilocks' scenario; Dow at all-time high

Quotes & News:
11:40 am ET Oct 4, 2006

DJIA

11,778

+51.31
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S&P

1,339

+5.81
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NASDAQ

2,266

+22.58
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10Yr

4.57%

-0.044

U.S. stocks rise on 'Goldilocks' scenario; Dow at all-time high

NEW YORK -- U.S. stocks gained ground Wednesday, with the Dow Jones
Industrial Average at a new all-time high, as the latest economic
reports suggested solid economic growth with inflation held in check,
but Wal-Mart Stores Inc. fell on a lowered sales outlook.
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Economic Report: ADP report shows 'sluggish' 78,000' jobs gained

WASHINGTON - The U.S. economy added about 78,000 private-sector jobs in
September, another month of "sluggish" hiring, according to the monthly
ADP employment report released Wednesday.
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Wal-Mart's error cited as sales forecast for September lowered

CHICAGO -- Wal-Mart Stores Inc., in an unusual slip-up, trimmed an
already-weak September same-store sales forecast Wednesday because of a
calculating error, sending the retailer's shares lower.
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Economic Report: Rush to refinance spurs jump in mortgage applications

WASHINGTON -- With homeowners rushing to refinance loans to take
advantage of low interest rates, applications for mortgages at major
U.S. banks surged last week by 11.9%, the Mortgage Bankers Association
reported Wednesday.