Stocks advance on better-than-estimated corporate earnings
The Dow Jones Industrial Average gained 26.34 points to 13,103.68. The Nasdaq Composite Index was up 4.42 points to 2,986.12 and the S&P 500 Stock Index added 4.22 points to 1,412.97. The Department of Labor reported initial claims for jobless benefits declined by 23,000 in the past week to 369,000. The Commerce Department said durable goods orders ... (more)
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#1 Nov 9, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index up from the lowest level in seven weeks, amid better-than-estimated corporate earnings.
Procter & Gamble Co., the world’s largest consumer-products maker, and Aetna Inc., the third-biggest U.S. health insurer, added at least 1.2 percent as results beat forecasts.
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