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December 22, 2007

Stocks enter the holidays on a high note.

From the Wall Street Journal:

In the last full trading day before Christmas, stocks brought joy to the investment world, delivering the December boost investors had hoped for.

Sources of holiday cheer included strong earnings, signs of healthy consumer spending and a possible capital infusion for Merrill Lynch, one of several Wall Street firms struggling with losses on mortgage-related investments. [more]

Posted by Holden Oliver (Kitzb├╝hel Desk) at December 22, 2007 11:59 PM


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