Acadiana Business Index
Mark Lasseigne fills you in on what's happening on Wall Street.
Mark Lasseigne
-Wall Street ended with modest gains – Dow Jones Industrials gain 45 points to 12,491.61.
-Federal Reserve Chairman Ben Bernanke said the central bank is prepared to act, again if economic weakness persists.
-U.S. import prices fell last month for the first time in a year.
-China's Shanghai Composite leapt 1.5% in response to news that China's economy grew a greater-than-expected 9.5% in the second quarter.
-News Corp. gains after the company dropped its bid to own 100% of British Sky Broadcasting.
-Gold prices set another high of 1,582/ounce.