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Stocks rebound...Fed beige book due

Wednesday - 4/17/2013, 7:40am  ET

NEW YORK (AP) -- Stocks rebounded Tuesday from their worst day of the year. The Dow gained 158-points to 14,756.78, or more than 1 percent. The S&P 500 index climbed 22 points, or 1.4 percent, to 1,574.57. The Nasdaq rose 48 points, or 1.5 percent, to 3,264.63. Gold, which was at the center of Monday's sell-off, also rebounded, rising 1.9 percent to $1,387.40 an ounce. Futures trading suggests opening losses on Wall Street today.

BANGKOK (AP) -- International stock markets were mixed today with Asian stocks boosted by positive U.S. data while European shares fell over worries about Germany in the wake of a downbeat investor survey. Benchmark crude oil was down but remained above $88 per barrel. The dollar gained against the euro and the yen.

WASHINGTON (AP) -- The Federal Reserve issues its Beige Book today, a snapshot of business conditions in each of the Fed's 12 regional bank districts. The findings are all anecdotal and there are no numbers, but the idea is to identify trends in the economy. The Beige Book is updated two weeks before the Fed's policymaking meeting in Washington.

WASHINGTON (AP) -- Federal auditors say a job-training program designed to help veterans re-enter the workforce has more than 60,000 empty slots despite efforts to reduce the jobless rate among veterans. The program is geared toward unemployed veterans between the ages of 35 and 60. It covers up to one year of tuition for training in high-demand jobs at local community or technical colleges.

TOKYO (AP) -- Toyota's global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with skepticism. The Japanese automaker says it has now sold 5.125 million hybrid vehicles as of the end of March. Toyota started selling the Prius in 1997.


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