Daily Investor Briefing: Wall Street inches up to new Dow, S&P...

	Click to View in Browser 11/20/2014 Wall Street inches up to new Dow, S&P records NEW YORK (Reuters) - U.S. stocks ended slightly higher on Thursday, pushing the Dow and S&P 500 to fresh record closing highs, as data showed further strength in the U.S. economy and Intel gave an upbeat forecast. U.S. underlying inflation rising; economy firming broadly WASHINGTON (Reuters) - Underlying inflation pressures rose in October, even as falling gasoline prices kept overall U.S. consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve. In Senate hot seat, Goldman denies commodity manipulation WASHINGTON (Reuters) - Goldman Sachs Group Inc on Thursday took the lead in rejecting allegations by a powerful U.S. Senate subcommittee that Wall Street banks were exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. Gap revenue misses estimate (Reuters) - Apparel retailer Gap Inc reported lower-than-expected quarterly revenue, hurt by a 5.5 percent fall in the U.S. sales of its namesake brand. Fed launches review of supervision of major banks WASHINGTON (Reuters) - The U.S. Federal Reserve has launched a review of how it oversees major banks, calling on its inspector general to help with the probe after a series of critical reports. Best Buy profit beats estimates as costs fall (Reuters) - Best Buy Co Inc , the largest U.S. consumer electronics chain, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline, even as it expected its current quarter earnings to remain under pressure. GoDaddy aims to list next year, seeks $4.5 billion valuation: NY Post (Reuters) - GoDaddy Inc is planning an initial public offering early next year that would value the world's biggest provider of web addresses at roughly $4.5 billion, the New York Post said. As diners line up, another fast casual chain sizzles on debut (Reuters) - Shares of Habit Restaurants Inc more than doubled in their trading debut, underscoring the growing appetite among investors for stocks of fast casual restaurant chains - increasingly, the choice of health-conscious diners. Arizona is first U.S. state to sue GM over delayed recalls (Reuters) - In the first lawsuit brought by a state against General Motors Co over recalls relating to a defective ignition switch, Arizona has accused the company of putting the public at risk by concealing safety issues and delaying the recalls. Senators slam industry's response to 'live grenade' air bags WASHINGTON/DETROIT (Reuters) - An executive from Japan's Takata Corp apologized at a Senate hearing on Thursday to the victims of defective air bags that can rupture upon deployment and shoot metal shards into cars, but stopped short of taking full responsibility for deaths linked to the scandal. Related Video Reuters Summit: U.S. stocks could return 10%+ in 2015 Big bucks from big game Related News Bill Gross of Janus to manage $500 million for Soros fund Looking to Fund Your Business? Ask Your Classmates. A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend