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U.S. stocks rally on Black Friday sales

US stocks rallied Friday on signs that the holiday shopping season was off to a good start, with Walmart calling it the “best ever” Black Friday. Stocks built on strong opening gains. The Dow Jones Industrial Average was up 172.41 points (1.34 percent) at 13,009.30 in closing trade. The broad-market…

Black Friday sales estimated to break records

US retail sales on Black Friday hit a new record for the start of the holiday shopping season that follows Thanksgiving, according to early estimates published Saturday. Sales hit $11.4 billion, up 6.6 percent compared to last year, and the biggest dollar amount ever spent on Black Friday, Chicago-based research…