U.S. stocks edged higher on a rally in tech and transportations stocks. As the earnings season winds down, investors appear to take higher risk and show willingness to pay higher prices for stocks. Broker recommendations lifted Amazon.com, Union Pacific and National City Corp. Campbell Soup reported third quarter revenue rise of 7% to $1.8 billion and earnings gain of 59% to $532 million. Excel Maritime gained after earnings surged 213% on 94% rise in revenue. |
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