NEW YORK (CNNMoney)
The Dow Jones industrial average, the S&P 500 and the Nasdaq gained between 0.3% and 0.6%.
Exports rose 14% in December, China's government said in a report that topped expectations.
Investors also remained tuned into earnings reports. shares of Supervalu (SVU, Fortune 500) jumped in early trading after the grocery store chain swung to a fiscal third-quarter profit. Supervalu also announced that it will sell Jewel-Osco, Albertson's and some of its other grocery store chains to Cerberus Capital Management, a New York-based investment firm, for $3.3 billion.
Shares of Nokia (NOK) rallied after the phone company reported better-than-expected sales for its handset business.
Related: Earnings: Banks will lead growth
Overall, analysts expect earnings for companies in the S&P 500 to grow 2.4% year-over-year, according to FactSet Research, with banks expected to lead the way.
Wells Fargo (WFC, Fortune 500) will report Friday, making it the first major financial institution to release its fourth-quarter figures.
A better-than-expected start to the corporate earnings deluge caused stocks to end higher Wednesday.
In other corporate news, nutritional supplement company Herbalife (HLF) is hosting an investor conference to rebut charges from hedge fund manager Bill Ackman that it's running a pyramid scheme.
Investors also digested fresh data on the labor market Thursday. The number of people filing for initial jobless claims rose 4,000 to 371,000 in latest week.
Fear & Greed Index
European markets were mixed in afternoon trading. The FTSE100 and Germany's DAX were higher, but France's CAC 40 slipped.
Both the European Central Bank and the Bank of England held interest rates at record lows on Thursday morning.
Asian markets ended up on the day following positive trade data from China. The Shanghai Composite added 0.4%, the Nikkei advanced 0.7% and the Hang Seng jumped 0.6%.
The dollar fell against the euro and the pound, but gained ground versus the Japanese yen.
Oil and gold prices edged higher.
The price of the 10-year Treasury declined, pushing the yield up to 1.90% from 1.85% late Wednesday. 
First Published: January 10, 2013: 10:03 AM ET
Anda sedang membaca artikel tentang
Stocks get early boost from China data
Dengan url
http://kasiatbuatsehat.blogspot.com/2013/01/stocks-get-early-boost-from-china-data.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks get early boost from China data
namun jangan lupa untuk meletakkan link
Stocks get early boost from China data
sebagai sumbernya
0 komentar:
Posting Komentar