Financial Times FT.com

Wall Street hits new highs for the year

By Kiran Stacey in New York

Published: August 13 2009 14:01 | Last updated: August 13 2009 22:24

US stocks reluctantly joined the global equity rally on Thursday, staggering to new highs for the year after weak economic data hampered what could have been a stellar day of trade.

Results from Wal-Mart added to pre-market optimism sparked by the unexpected return to growth in France and Germany.

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