Stocks end three-day slide; Burger King to realize big tax savings; Apple facing Canadian probe: P.M. Business News Links
Stocks rose today for the first time in four trading days in the wake of a report showing strong retail sales in November and as oil continues its sharp decline. The Dow Jones industrial average gained 63.19 points to 17,596.34, the Standard & Poor’s 500 index rose 9.19 points to 2035.33 and the Nasdaq composite index jumped 24.14 points to 4708.16. (USA Today)
European stocks finished flat today after a roller-coaster ride of a session as Russian shares fell following an interest-rate hike by the Central Bank of Russia, while German issues climbed with support from a market upgrade. (MarketWatch)
The dollar snapped a three-day skid after U.S. retail sales climbed the most in eight months, further evidence of a strengthening economy as the Federal Reserve considers its first interest-rate increase since 2006. (Bloomberg News)