US stocks score modest gains as holiday shopping begins


  • Business
  • Saturday, 26 Nov 2005

NEW YORK: Wall Street finished the week with moderate gains Friday, extending a November rally in light post-Thanksgiving trading amid signs of a strong start to the busy holiday shopping season. 

The major indexes closed out their fifth straight winning week and remained at four-year highs. Stocks continued their monthlong advance, fueled by an improving economic backdrop and high hopes for solid retail sales that helped cast aside fears of a downturn. 

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