Stocks opened higher Monday as the dollar pullled back and gold hit a new record above $1,170 an ounce. The Dow was up more than 100 points at the open and continued higher after a report showed a sharp jump in existing-home sales.
A holiday-shortened trading week begun with all signs pointing to a higher open for Wall Street on Monday, with the dollar weakening and gold hitting a new record high above $1,167 an ounce.
eBay Inc said on Sunday it had restored a search function on its website overnight Saturday after a glitch led to searches returning either limited or no results throughout the day.
SAN FRANCISCO (Reuters) - EBay Inc <EBAY.O> said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year.
Glyde, a start-up based in Palo Alto, Calif., will introduce a Web site intended to make it simple for people to buy and sell used media products, the New York Times reports.
EBay said Friday that private investors looking to buy Skype had agreed to settle litigation with Skype's founders, who will get a 14-percent stake in the Internet phone service in the transaction.
Stocks advanced Thursday as investors seemed to focus more on some big-name earnings beats and a rise in leading indicators instead of a disappointing jobless report. Travelers and MMM led the Dow.
Stocks advanced Thursday as investors seemed to focus more on some big-name earnings beats and a rise in leading indicators instead of a disappointing jobless report.
Earnings continue to come in largely above expectations, but other factors are waylaying the stock market's recent advances - ranging from Walmart's price cuts to analyst Richard Bove's downgrade of Wells Fargo to rising oil prices.
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