Do you know about - SmarTrend Market Close Wrap-Up: December 2, 2010
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SmarTrend Market Close Wrap-Up: December 2, 2010 Tube. Duration : 1.62 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Rates Forecast . "Themajor US equity indices closed higher Thursday, on news from Freddie Mac regarding a boost in mortgage rates, signaling a brighter economic outlook. Officials from Freddie Mac said that the average 30-year fixed loans rate jumped 4.46%, up from 4.40% last week. The average 15-year loan also increased, from 3.77% to 3.81%. In corporate news, Limited Brands, Inc. (NYSE:LTD) reported a 10% jump in sales during November for stores open at least one year; Thomson Reuters analysts forecast a sales boost of 4%. Net sales during November rose 14% to 3 million. PepsiCo, Inc. (NYSE:PEP) officials announced the company's planned 66% stake purchase in Russian food and beverage firm Wimm-Bill-Dann Foods OJSC (NYSE:WBD). The majority stake purchase will cost .8 billion, and according to PepsiCo officials, will help boost the firm's worldwide annual revenues from nutritious and functional foods by about billion, to billion. The Dow Jones Industrial Average (DJI) closed 0.95% higher at 11362, the S&P500 (INX) closed 1.28% higher at 1221, and the Nasdaq Composite (IXIC) closed 1.17% higher at 2579."
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