Thursday, April 04, 2013 9:48 am
Stocks inch higher in early trading on Wall Street
The Associated Press
The Dow Jones industrial average rose 47 points to 14,595 shortly after the opening bell Thursday.
The Standard & Poor's 500 index was up four points at 1,557. The Nasdaq composite was up two points at 3,220.
The Labor Department reported that the number of Americans seeking unemployment aid rose last week by 28,000, the third straight increase. The department says the numbers may have been affected by the timing of the Easter holiday.
The Japanese yen fell sharply against the dollar after that country's central bank announced an economic stimulus plan that will greatly expand the country's money supply.