DJIA closes UP 29.78 points (10710.55)
CNBC:
Wall Street staged another late-day rally as investors were undeterred by a weak labor and retail picture and shrugged at a government move to punish bailed-out bankers.
Mildly optimistic hesitation has been the hallmark of trading so far in 2010, with the averages creeping higher and only one negative day so far on the Standard & Poor's 500. Thursday's trading followed the same theme, with averages seesawing as investors await more direction from the upcoming wave of corporate earnings reports.
"We are working our way higher, but the daily moves are not very big. Volume has been light," said Ryan Detrick, analyst at Schaeffer's Investment Research in Cincinnati. "It does seem like we are stair-stepping higher but not quickly getting anywhere."
HC:
PHOTO FINISH!!! between first and second
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***+28*** ((( RevelsCat ))) ***+28***
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