U.S. stocks rally with Dow soaring triple digits

Date: Thu, Mar 25, 2010 at 12:00 PM

U.S. STOCKS RALLY WITH DOW SOARING TRIPLE DIGITS
Wall Street soars as the dollar halts a two-day rise against the euro after
Germany voices support for a plan to help Greece. Best Buy Inc.'s results and
Qualcomm Inc.'s outlook also help lift sentiment.

WEEKLY UNEMPLOYMENT CLAIMS FALL 14,000
The number of people applying for unemployment benefits drops for the third
time in four weeks but the job market remains weak.

TREASURYS CLING TO MODEST GAINS
There are timid hopes for the government's last bond sale of the week Thursday
as Treasurys eke out modest gains.

30-YEAR FIXED-RATE MORTGAGE REMAINS UNDER 5%
Mortgage rates inch higher, following bond yields, but the 30-year fixed-rate
mortgage manages to stay just below the 5% level.

BEST BUY PROFIT, OUTLOOK TOP MARK; BUYBACK RESUMED
Best Buy Co., the largest U.S. electronics retailer, said Thursday that its
fourth-quarter profit jumped a better-than-expected 37% after the company
controlled expenses and boosted sales of mobile phones, notebook computers and
flat-panel televisions both before and after the holiday season.