You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Toyota sells 2.58 million vehicles, outselling GM
    Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen. Toyota Motor Corp.
  • City hosts AEP meeting
    American Electric Power told investors the company is on firm financial footing, even as it moves to diversify its energy sources to depend less on coal.
  • Home sales hit 20-month low; expect rebound
    Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.
Advertisement

US futures rise head of jobless claims report

NEW YORK (AP) — U.S. stock market futures are trading higher ahead of the Labor Department's weekly report on unemployment applications.

The data to be released at 8:30 a.m. Eastern, is likely to show a decline in those seeking unemployment assistance.

Dow Jones industrial average futures are up 47 points at 14,534. Nasdaq 100 futures added 11 points to 2,798. S&P 500 futures gained 6 to 1,554.50.

The major indexes fell sharply Wednesday following weak reports on hiring and service industries.

In currency trading, the dollar jumped about 2.7 percent against the Japanese yen, after the Bank of Japan announced a massive monetary stimulus plan.

Japanese stocks rallied on the plan. The Nikkei ended 2.2 percent higher. Stocks in Europe were mixed.

Advertisement