US STOCKS edged higher yesterday, as softer-thanexpected economic data reinforced speculation that the Federal Reserve won't rush to raise interest rates.
The Dow Jones Industrial Average gained 61.78 points, or 0.4 per cent, to 16,713.58.The S&P 500 closed up 8.46 points, or 0.4 per cent, at 1,955.18, with health-care stocks leading the gains. And the Nasdaq Composite also rose 0.4 per cent - 18.88 points - to 4,453.00.
Kohl's advanced 3.3 per cent to
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