SITE HELP • SITE MAP
 
The Janesville Gazette
WCLO
WJVL
Walworth County Today

ADVERTISEMENT
News » Money
May 21, 11:57 AM EDT

Indexes edge higher on Wall Street in midday trading; eyes on Federal Reserve moves

AP Photo
AP Photo/Seth Wenig
Business Video
Latest Market News
Stocks turn higher after reassuring words from Fed official; Home Depot gains after earnings

Summary Box: Stocks turn higher after reassuring words from Fed official; Dow and S&P climb

Best Buy, Carnival, Saks, Beazer Homes, Clearwire are big market movers on Tuesday
Best Buy reports 1Q loss on restructuring costs, adjusted earnings beats expectations

Home Depot 1Q profit rises thanks to housing recovery; raises 2013 profit, revenue forecasts

UK luxury goods company Burberry's profit hit by end of perfume licensing deal
United Technologies CEO optimistic about improving economy, airline industry

Airlines losses narrowed in 1Q to $552M; lobbying group predicts pickup in summer travel
Buy AP Photo Reprints
Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Interactive
Are Stocks Bouncing Back?

NEW YORK (AP) -- Stock indexes are edging higher in midday trading on Wall Street as investors look ahead to the Federal Reserve's next moves.

The Dow Jones industrial average was up 32 points at 15,367 at noon Eastern Daylight Time Tuesday, a gain of 0.2 percent.

The Standard & Poor's 500 index was up a point at 1,667, or 0.08 percent. The Nasdaq composite was up two points at 3,498, or 0.05 percent.

Home Depot rose 2 percent, or $1.64, to $78.40 after the home improvement retailer reported an 18 percent increase in income for its first quarter as the housing market continued to recover.

JPMorgan rose 89 cents or 1.7 percent to $53.17. Shareholders are voting on a measure that would split the roles of chairman and CEO.

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.
 
ADVERTISEMENT
 
 
The Janesville Gazette

Staff Directory | Contact Us | Privacy Policy | Legal Notices | Subscriber Services | Site Help | Site Map | RSS

News:

Latest News | Local | State | Nation/World | Crime | Public Record | Money | Special Sections | Entertainment

Opinion:

Blogs | Columns | Political Cartoons | Polls

Sports:

Preps | Jets | Packers | Brewers | Bucks | Badgers | Golf | Motorsports | National | Other

Multimedia:

Photos | Photo Galleries | Podcasts | Videos | Slideshows | Maps | Photo Reprints

Community:

Births | Couples | Obituaries | Death Notices | Celebration Forms

Blogs

Blog List | Latest Blog Entries

Services:

Subscribe | Advertising | Customer Care | Newspaper In Education | Tearsheets | E-Edition | Photo Reprints

 

Reader Rewards | Retail Locations

Copyright ©2007 Bliss Communications Inc. All rights reserved. Use of this material and this site are subject to the GazetteExtra Terms of Use and Privacy Policy. Content may not be published, broadcast, re-distributed or re-written.