NEW YORK (Reuters) - Williams-Sonoma Inc <WSM.N> <WSM.N> posted a higher-than-expected quarterly profit and raised its full-year outlook on Thursday as the home-goods retailer's cost-cutting and merchandising efforts bore fruit.
Stocks were set to extend the previous session's losses at the opening bell Thursday, with European stocks dragging on sentiment as miners and food producers struggled.
Maybe Bernanke really does have some clout: ever since Monday, when Bernanke engaged in unusual jawboning in support of the dollar, the dollar has stabilized and is even in a mild uptrend... Read More