Saturday, May 18, 2013

Latest news, weather and high school sports for Albany and Southwest Georgia

Stocks in narrow range after price, jobs data
Posted: 03.18.2010 at 9:40 AM
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NEW YORK (AP) — Stocks are trading in a narrow range in early trading after reports showed inflation remains benign and new claims for unemployment fell last week.

Fresh concerns about debt problems in Greece could be tempering any gains.

The Labor Department says consumer prices were flat last month. Workers filing for unemployment benefits for the first time fell by 5,000 to 457,000 last week.

Stocks have been grinding higher over the past five weeks. The Dow Jones Industrial average has risen for seven straight sessions.

The Dow is up 10.36, or 0.1 percent, at 10,744.03. The Standard & Poor's 500 index is down 0.43, or less than 0.1 percent, at 1,165.78, while the Nasdaq composite index is down 0.25, or less than 0.1 percent, at 2,388.84.

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