June 11, 2009 Thursday
Updated


NEW YORK - WALL Street shares opened higher on Thursday after data showing a rise in US retail sales and lower unemployment claims helped the market set aside fears of rising oil prices and interest rates.

 
World auto sector to rebound

PARIS - THE world auto sector, after suffering a sharp decline this year, is set for a 5.0 per cent sales rebound in 2010, a study forecast on Thursday.

US initial jobless claims fall

WASHINGTON - NEW claims for US unemployment benefits fell last week for the fourth consecutive week but the insured unemployment rate held steady, the Labor Department said on Thursday.

US retail sales rises

WASHINGTON - US RETAIL sales rose in May, for the first time in three months, fueled mostly by higher gasoline prices, the government said on Thursday amid signs a prolonged recession is easing.

   
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