Contact Us

Stocks Up On Mixed Data: Acadiana Business Index

Mark Lasseigne
Mark Lasseigne

The Dow Jones Industrial Average pushed back into positive territory in the last 30 minutes of trade, to close 28 points higher to 12,980. Mark Lasseigne has your stock market report in today’s Acadiana Business Index.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Economic data today was mixed.

The Labor Department said 351,000 American filed new applications for unemployment benefits last week

A Commerce report showed that personal income and spending were below what economists predicted.

But, Retailers turn in solid sales last month, with most companies beating estimates.

Ford Motor rose 2.2%, and General Motors gained 1.7%, after the U.S. auto industry reported a second-straight month of better sales. Chrysler Group, which is majority-owned by Italy’s Fiat led the way, reporting a 40% increase for February.

Saudi officials have denied a report about a pipeline attack in its oil-rich Eastern Providence.

Crude oil settled at $108.84 a barrel.

Gold closed at $1,721 an ounce.

More from KPEL 96.5

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://kpel965.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on KPEL 96.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on KPEL 96.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!