RSS Feeds

Looking for more gains...Wholesale trade and some labor data due

Tuesday - 4/9/2013, 7:38am  ET

NEW YORK (AP) -- Investors are hoping for more gains today. Stocks ended modestly higher yesterday, shrugging off an early decline as earnings season began. The Dow Jones industrial average rose 48.23 points, or 0.3 percent, to close at 14,613.48. The S&P 500 index closed up 9.79 points, or 0.6 percent, at 1,563.07. The Nasdaq composite index rose 18.39 points, or 0.6 percent, to 3,222.25. Wall Street futures were mixed ahead of the opening bell.

BANGKOK (AP) -- International stock markets rose today as investors looked ahead to U.S. corporate earnings, but Japan's benchmark index finished marginally lower, ending a four-session rally sparked by the Bank of Japan's bold program to revive the country's moribund economy. Benchmark crude oil rose to remain above $93 per barrel. The dollar fell against the euro and the yen.

UNDATED (AP) -- Its earnings season again and in addition to those reports this week, the Commerce Department will report today on February's wholesale trade inventories. Also, the Labor Department will release its job openings and labor turnover survey for February.

BRUSSELS (AP) -- A group of companies led by Microsoft has asked the European antitrust authority to investigate Google for alleged unfair practices in the mobile smartphone market. "FairSearch" -- which includes Microsoft, Nokia, and Oracle, among others -- claimed today that Google is acting unfairly by giving away its Android operating system for mobile devices, but requiring companies that use it to install Google software applications such as YouTube.

BEIJING (AP) -- China's inflation declined in March, easing pressure on consumers but fueling questions about the strength of recovery in the world's second-biggest economy. Government data today showed consumer prices rose 2.1 percent, down from the previous month's 3.2 percent and well below the official target of 3.5 percent for the year. Wholesale prices declined by 1.9 percent compared with last year.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.