• NATIONAL NEWS
Stock futures fall modestly ahead of open
March 11, 2010 08:42 EST
NEW YORK (AP) -- Stock futures fell slightly after the Labor Department said first-time claims for jobless benefits fell slightly less than expected.
Workers filing for unemployment benefits fell 6,000 to 462,000 last week. Economists had been expecting a drop to 460,000.
Stocks have shown little movement in recent days as economic data hasn't been strong enough to alter views about the strength of an economic recovery.
Meanwhile, a steep jump in inflation in China has caused some concern for international markets Thursday. Rapid inflation could force China to raise interest rates.
Dow Jones industrial average futures are down 20, or 0.2 percent, at 10,545. Standard & Poor's 500 index futures are down 4.00, or 0.4 percent, at 1,141.70, while Nasdaq 100 index futures are down 6.50, or 0.3 percent, at 1,912.25.
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Stock futures fall modestly ahead of open
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• BUSINESS NEWS
Asian stocks show tepid gains
BANGKOK (AP) -- Asian stock markets posted tepid gains today as China's burst of inflation tempered confidence in the regional economic rebound.
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NEW ORLEANS (AP) -- U.S. Sen. David Vitter is calling on federal officials to do a thorough probe into the deaths of several people who lived in homes built with suspect Chinese drywall. ...
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IN THE NEWS: A CASE OF THE .XXX
NAIROBI, Kenya (AP) -- A virtual red-light district for the Internet -- a good thing or a bad thing?
