Reuters - Video

Edition: US | UK | IN | CN | JP

Video

Trading at Noon: Stocks up on positive economic data

Thursday, March 15, 2012 - 03:27

Mr. 15 - U.S. stocks are climbing as a round of economic data pointed to a slowly improving economy.

▲ Hide Transcript

View Transcript

Checking in on trading in -- stocks climbing and you -- an economic and points slowly improving US economy. Gains on the ESP 500 are approaching 14100 level. Which represents a technical resistance point. Leading it -- sunny and -- right Nat check out the financials they're up more than one person. Stocks got a -- earlier today when weekly initial claims dropped back to you for your well. A commodities. Got goals on just about three tenths of percent as investors grow a little bit more confident out the US economic recovery. US current though right now it's down at one point 18%. A strong dollar earlier -- -- and the base model of the new iPad which hits stores tomorrow is looking cheap 499. Dollars. It will cost you nearly 100 bucks more to buy. One share of apple today Apple's stock defying gravity piercing 600 dollar level for the first time about a month after packing. 500 dollars a share. President Obama in Maryland today saying there's no quick -- -- gas prices. Bit pump prices at their highest seasonal levels ever and he's taking on Republican challengers who were hitting him hard. On the issue. Newt Gingrich in particular is pledging he could get gas down two dollars and safety that. There is no such thing as a quick fix. When it comes to high -- right. There's no silver bull. Anybody who tells you otherwise. Isn't really looking for a solution. They're trying to ride the political wave of the moment. Reuters has learned exclusively that President Obama and British prime minister David Cameron. Discuss tapping strategic oil reserves during her meeting Wednesday according to sources. Any decision could still be months away. Unleashing -- stockpiles would on the certainly -- tax Republicans that could paint and you police again during an election year. Now for stocks to watch shares of scholastic are storing their more than 12% in the children's publisher raised its full year profit forecast on big -- Of the hunger games. And it's -- education and and yes he shares are down today yes it's letting you change yes. The retailer forecast -- first quarter profit as it expects fiscal tightening your government's hurt consumers and -- JPMorgan CEO Jamie diamond is taking a tyrant with arrival today refraining from poking fun. Ankle and back after scathing editorial from a former Goldman Sachs banker put the bank's practices in the spotlight. Jamie Dimon responded with an amateur his own employees a that we did not name Goldman Sachs -- -- advise employees to avoid taking advantage of competitors. And strengthen the bank's own standards. And finally after a wave of scandals in corporate America and you think tank has compiled a list of our. Hundred employees at companies including -- expressed GE Starbucks AFLAC and Patagonia meet on the eve this year and did you list here. Which looked at 5000 companies at all. So what's the criteria reputation corporate citizenship and culture are qualities that make the cut. In case you're wondering Goldman Sachs not on the list. Also missing any -- world and I -- trading and I'm Jen Rogers this is partners.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Trading at Noon: Stocks up on positive economic data

Thursday, March 15, 2012 - 03:27