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

ADVERTISEMENT
News » Money
May 17, 11:46 AM EDT

US stocks rise on hopeful signs for the US economy, including a jump in consumer confidence

AP Photo
AP Photo/Richard Drew
Business Video
Latest Market News
The Narcissus Trade: Corporate America is buying back record amounts of its own stock

J.C. Penney, Stage Stores, ViaSat, Brocade Communications are big market movers on Friday

News Summary: Positive outlook for economy gives stock market a boost
Wal-Mart's 1Q profit disappoints as it struggles with sales slump

J.C. Penney 1Q loss widens from a year ago as sales keep falling

Dell's earnings flop in 1st quarter may make CEO's buyout offer more attractive to investors
Airlines losses narrowed in 1Q to $552M; lobbying group predicts pickup in summer travel

Aruba plunges after revising outlook a week before earnings report, citing order delays
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) -- Encouraging news about the U.S. economy is helping push stock prices higher on Wall Street.

A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering.

The Dow Jones industrial average was up 63 points at 15,296 at noon Eastern Daylight Time Friday, an increase of 0.4 percent.

The Standard & Poor's 500 was up eight points at 1,658, or 0.5 percent.

The Nasdaq composite rose 16 points to 3,481, or 0.5 percent.

Northrop Grumman rose 5 percent after the defense contractor approved the repurchase of another $4 billion of its own stock. The company said it plans to buy back a quarter of its outstanding stock by the end of 2015.

© 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 This material may not be published, broadcast, rewritten or redistributed.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.