NEW YORK (AP) — Stocks are little changed in the early going. Yesterday, the market had its best showing in two and a-half years.
WASHINGTON (AP) — The Institute for Supply Management says U.S. manufacturing growth last month was the strongest since June, paced by a rise in new orders and production. The group’s index rose to 52.7, with any reading above 50 indicating growth.
WASHINGTON (AP) — The number of people applying for unemployment benefits rose for a second straight week, a sign the hiring market is recovering at a slow and uneven pace. Weekly claims numbers are volatile, and attention will be more focused on tomorrow’s monthly jobs report.
NEW YORK (AP) — Retailers report strong November sales. Helping to pace the gains, a discount-fueled buying binge as the holiday shopping season began.
NEW YORK (AP) — Sprint is mending fences with independent subsidiary Clearwire, pledging to use the data network it’s planning to build out and to participate if Clearwire raises more capital. The news amounts to a lifeline for financially struggling Clearwire, which is using WiMax technology that has been bypassed by all phone companies, except for Sprint.