National News

Apr 25, 2013 11:34 AM by Associated Press

Stocks move higher on good earnings results

NEW YORK (AP) - Another batch of strong earnings from U.S. companies is sending the stock market higher in early trading.

An encouraging report on the labor market also brought buyers back to the market.

On top of strong earnings from Harley-Davidson, Dow Chemical and Akamai Technologies, the government said that unemployment benefit applications fell to 339,000 last week, the second-lowest level in 5 years.

That was better than most economists had expected and allayed apprehensions about a sharp slowdown in hiring in March.

»Comments

PLEASE HELP US MODERATE COMMENTS

Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at feedback@ksby.com, and include the name of the story and information on the comment.

Thank you! KSBY.com


More News

Most Popular

Top Videos

1 2 3 4