Tech stocks rally as Nasdaq advances on Microsoft win
Technology shares climbed extending a five day Nasdaq rise amid optimism over a stabilizing economy and Microsoft court victory. Major indexes fluctuated with a delayed close while investors eyed rate cuts and bargains in tech the battered sector.
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Kmart to halt handgun ammunition sales nationwide
Detroit AP reports Kmart will remove handgun ammunition from shelves over the next three months after talks with gun-control advocates and victims of past shootings. Company cites social responsibility and a broad merchandising strategy as reasons, with stock depletion guiding timing.
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