NEW YORK: Stocks floated higher on light volume in a truncated session on Friday with Sharper Image Corp leaping after the retailer reported a robust holiday shopping season and steel producers gained ground after China scrapped retaliatory tariffs.
Hamburger chains McDonalds Corp and Wendys International Inc inched up following a sell-off in their shares in the previous session, on Wednesday, after the first case of mad cow disease was discovered in the United States.
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