U.S. stocks rebound higher; Dow up more than 140 points

11:46 am ET Nov 13, 2007

DJIA

13,159

+171.68

S&P

1,459

+19.93

NASDAQ

2,635

+51.51

10Yr

4.25%

+0.043

U.S. stocks rebound higher; Dow up more than 140 points

NEW YORK
U.S. stocks rose Tuesday for the first time in five days as investors
cheered surprisingly good results from Wal-Mart Stores Inc., which could
bode well for the all-important holiday shopping season.

Wal-Mart's upside earnings surprise boosts holiday outlook

NEW YORK
Giving an encouraging sign about the holiday season, No. 1 retailer
Wal-Mart Stores Inc. on Tuesday said third-quarter profit rose 7.9% and
raised its full year outlook heading into the holidays, its biggest
selling period.

Tech Stocks: Apple, VMware lead tech rally; Adobe down on CEO change

SAN FRANCISCO
Technology stocks made a strong rebound in early trading Tuesday as
Apple Inc. and VMware Inc. shares paced a broad rally across the
sector.

Goldman CEO sees no big write-down as firm shorts mortgages

NEW YORK
Goldman Sachs maintains a short position in the subprime mortgage market
and will not be taking any significant charges to write off losses on
its position. Chief Executive Lloyd Blankfein said Tuesday.

IEA cuts oil demand view, says high prices sapping demand

LONDON
The International Energy Agency on Tuesday cut its estimate of world oil
demand for this year and next, saying there are signs that oil prices
close to $100 a barrel are depressing demand.