Posted: Apr 25, 2013 8:34 AM by Associated Press
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.
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