Updated from 2:36 p.m. EDT with new stock prices
Small-cap stocks rose along with the major indices after the release of a positive retail sales report and a decline in crude prices. The Russell 2000 was up 0.24% at 719.61 and the S&P SmallCap 600 climbed 0.17% to 379.92.
Shares of Palm (PALM Quote) rose 10.7% to $6.96. The Sunnyvale, Calif., provider of mobile computing solutions said it inked a deal with Verizon Wireless to sell its Centro phone. Starting Friday, the phone will be available for Verizon's 67 million wireless customers, Palm said.
Meanwhile, Talbots (TLB Quote) continued climbing Thursday, a day after the retailer received a $50 million term-loan credit facility commitment, bringing its borrowing capacity to $215 million. The Hingham, Mass., company also reaffirmed its previous 2008 earnings outlook of 47 cents to 52 cents a share. Analysts surveyed by Thomson Reuters are looking for 41 cents a share. The stock surged 24.7% higher to $10.75 Thursday. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,495.31 | 1,115.18 | 2,216.03 | 35.71 |
Oil *
73.66
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UP
43.31
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UP
7.25
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UP
14.98
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DOWN
0.32
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10 Yr
3.57%
SPDR Gold
111.56
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+0.41%
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+0.65%
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+0.68%
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-0.89%
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