MARKET PULSE-Target, GM, Sears, Dollar Tree, Liquidity Services
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) Wall Street rose at the open on Thursday after data suggested stronger labor market conditions and subdued inflation pressures, while traders digested the Federal Reserve's latest assessment of the economy. The Dow Jones industrial average rose 0.26 percent, the S&P 500 0.24 percent and the Nasdaq Composite 0.41 percent.
** GENERAL MOTORS CO, $38.83, up 3 pct (9:31 a.m. ET)
The U.S. Treasury Department said on Thursday it had completed the sale of 70.2 million shares of General Motors stock and planned to sell its remaining 31.1 million shares by year-end, depending on market conditions.
** TARGET CORP, $63.87, down 4 pct (9:32 a.m. ET)
The discount chain blamed "constrained" consumer spending for a tepid rise in third-quarter comparable sales, and lowered its full-year profit forecast as a Canadian expansion proved costlier than expected.
** SEARS HOLDINGS CORP, $58.61, down 4.8 pct (9:32 a.m. ET) Continued...