Stocks push further aheadDow, Nasdaq up more than one-half percent on trade report, overseas strength; S&P in record territory.NEW YORK (CNNMoney.com) -- Stocks advanced in early trading Thursday, moving into record territory, on a narrower-than-expected trade gap and strength in overseas markets. The Dow Jones industrial average rose 0.5 percent, as did the Nasdaq composite index. The Standard & Poor's 500 index was up 0.4 percent and touched an intraday record high of 1,570.27. Among stocks in the news Thursday: Wal-Mart Stores (Charts, Fortune 500), Nordstrom (Charts, Fortune 500), Medtronic (Charts, Fortune 500), Countrywide Financial (Charts, Fortune 500), General Electric (Charts, Fortune 500) andBP (Charts). |
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