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Stocks edge higher as shoppers step up spending

Stocks edge higher as shoppers step up spending

Better holiday sales and rising commodities prices have pushed U.S. stocks to their sixth straight gain.
Major indexes edged higher in light trading Monday after sales figures showed shoppers spent more freely this holiday season, a sign that consumers are feeling better about the economy. Commodities also rose.
Airline stocks fell following two weekend security incidents on Northwest flights.
The Dow Jones industrial average is up 27 at 10,548, a new high for 2009. The Standard & Poor's 500 index is up 1 at 1,128. The Nasdaq composite index is up 5 at 2,291.
Advancing stocks narrowly outpaced those that fell on the New York Stock Exchange. Volume came to a light 705 million shares.


Updated : 2020-12-05 14:18 GMT+08:00