Global Market & International Data Update US stocks edged - TopicsExpress

Global Market & International Data Update US stocks edged up in a choppy Wednesday session as traders digested reports that new stimulus would be announced by the European Central Bank at its Thursday meeting, while declines in IBM limited gains. Currency Subject Forecast Previous EUR Spanish Unemployment Rate 23.6% 23.7% GBP Public Sector Net Borrowing 9.2B 13.4B EUR Italian Retail Sales m/m 0.1% 0.0% GBP CBI Industrial Order Expectations 6 5 EUR Minimum Bid Rate 0.05% 0.05% USD Unemployment Claims 301K 316K USD Crude Oil Inventories 2.5M 5.4M US stocks would benefit from a program to support the euro zone economy because Europe is one of the United States most important trade partners. The Dow Jones industrial average rose 39.05 points, or 0.22 percent, to 17,554.28

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