18/08/2009 Some retracement

Posted on Tuesday the 18th of August 2009 at 23:07 by LtPinback
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Flat opening and a slow uptrend. Volume was dismal.
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Results at consumer giants Home Depot Inc (HD), Target Corp (TGT) and upscale department store operator Saks Inc (SKS) were helped by cost-cutting as revenue growth remained slack.
The earnings reports offset an unexpected drop in housing starts and permits in July.

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