Wholesale price report relieves US investors

Investors welcomed a lower-than-expected drop in wholesale prices and sent stocks higher today, ending a troubled week on Wall Street on a positive note.

Wholesale price report relieves US investors
Fri, 14 Jan, 2005 - 21:57

Investors welcomed a lower-than-expected drop in wholesale prices and sent stocks higher today, ending a troubled week on Wall Street on a positive note.

The major indexes nonetheless suffered a loss for the second straight week.

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