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Wall Street: Stocks and gold rise on good retail numbers

October 14, 2011 |  6:51 am

Wall Street: Stocks and gold up again
Gold: Trading now at $1,681 an ounce, up 0.8% from Thursday. Dow Jones industrial average: Trading now at 11,595.90, up 1.1% from Thursday.

Going shopping. Investors are snapping up stocks after learning that consumers have been doing more shopping than expected in the last month.

Not going anywhere. It had appeared that the owners of the plaza that protesters were occupying near Wall Street had found a way to kick them out -- but that plan was put on hold early Friday morning.

Cutting the perks. Royal Bank of Scotland is the latest Wall Street firm to cut back on the extravagances that its employees have enjoyed, including office parties. 

Raj's road. Yesterday Raj Rajaratnam got his 11-year prison sentence -- here's what his path ahead looks like

-- Nathaniel Popper in New York
Twitter.com/nathanielpopper

Photo credit: Stan Honda / Getty Images

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