U.S. stocks climb boosted by Alcoa report
Topic 1 CBS MarketWatchU.S. stocks climb boosted by Alcoa reportApril 7, 2005 ThursdayMarketWatchNEW YORK (MarketWatch) - U.S. stocks were making a move higher Thursday as investors focused on a better-than-expected earnings report from Alcoa Inc. while ignoring problems at Wal-Mart and Pfizer. Futures Movers: Crude oil off highs as traders mull EIA outlookWASHINGTON (MarketWatch) -- Crude-oil futures were off their highs in midday action Thursday, as traders mulled the Energy Department's outlook for gasoline and oil prices and Saudi Arabia's offer to boost petroleum output. Wal-Mart shares dip amid lowered forecastCHICAGO (MarketWatch) -- Wal-Mart Stores Inc. blamed lousy weather for sluggish early spring sales that are raining on first-quarter forecasts and early trading.
