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Inflation Report Gives Stocks a Boost
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Who's Blogging  |
Harrahs' Entertainment rose 36 cents, to $72.72, after it posted a hefty fourth-quarter loss, hurt mostly by hurricane-related expenses and costs from writing off a property it plans to sell.
Dow Jones , publisher of the Wall Street Journal, rose 47 cents, to $38.42, after it announced a reorganized structure that will combine the print and online editions of the Wall Street Journal into one unit.
Baidu.com's U.S. shares rose $3.04, to $54.73, a day after the Chinese-language search engine reported better-than-expected fourth-quarter results.
Indexes
New York Stock Exchange composite index rose 45.54, to 8128.20.
American Stock Exchange index rose 0.58, to 1833.85.
Russell 2000 index of smaller-company stocks rose 6.75, to 733.53.
Volume
NYSE: 2.25 billion shares, up from 2.17 billion on Tuesday. Advancers outnumbered decliners 2 to 1.
Nasdaq: 1.86 billion shares, up from 1.78 billion. Advancers outnumbered decliners 8 to 5.
Commodities
Crude oil for March delivery: $60.52, down 58 cents.
ยท Gold for current delivery: Unchanged at $553.90 a troy ounce.
