Stocks End Higher After Shaky Day Of Trading

By: Associated Press Email
By: Associated Press Email

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Thursday, April 23, 2009

About halfway through first-quarter earnings reports, Wall Street is still uncertain about the economy.

The Dow Jones industrials are closing with a gain of about 70 points, or 0.9%, but only after another shaky, back-and-forth day of trading.

Some companies reported strong earnings on Thursday, including Apple Inc., eBay Inc. and PNC Financial Services Group. But other results — like those from the shipper UPS Inc. and the steelmaker Nucor Corp. — boded more trouble.

According to preliminary calculations, broader stock indicators are ending moderately higher. The Standard & Poor's 500 index is up 8 points, or 1 percent, at 852. The Nasdaq composite index is up 6 points, or 0.4%, at 1,652.

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