Stocks Rise Again

But fellow retailer Coldwater Creek (CWTR Quote), which sells women's apparel, boosted its 2008 guidance to make room for a profit after posting a far narrower quarterly loss than what was anticipated. Previously, breaking even for the year was the best that Coldwater had hoped for. The stock tacked on 6.8%.

The major overseas markets were mainly on the rise. In Asia, Tokyo's Nikkei 225 surged 3% overnight, and the Hang Seng Index in Hong Kong climbed 0.6%. As for European exchanges, London's FTSE 100 ticked down fractionally to 6068, but Germany's Xetra Dax was up 0.3%. The Paris Cac rose 0.1%.