U.S. stocks pull solidly higher as oil retreats from highs

Date: Mon, 12 May 2008 12:02:46 -0400
U.S. stocks pull solidly higher as oil retreats from highs

U.S. stocks step firmly higher, with investors heartened by gains in the
dollar and as oil retreats from record highs, helping offset a profit
warning from FedEx Corp. .

7.8-magnitude quake in China's Sichuan kills thousands

An earthquake measuring 7.8 on the Richter scale hit China's southwest
Sichuan province Monday afternoon, killing up to 5,000 people, according
to Chinese news reports.

Research in Motion launches first 3G BlackBerry

Research in Motion unveiled its first 3G version of its popular
BlackBerry device Monday, following weeks of speculation about how the
mobile-phone maker would broaden its product line to compete against a
potential onslaught from the iPhone.

Metals Stocks: Gold futures fall, pressured by dollar gains

Gold futures sink toward $880 an ounce, pressured by strength in the
dollar and by declining crude-oil prices.