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Stocks Gain On Economic Indicators, US Earnings

On Wall Street, a sharp drop in Apple's stock pulled the Nasdaq down after the tech giant warned of weaker sales. Other stock market indexes posted slight gains.

The Dow Jones industrial average rose 0.3 percent to close at 13,825.33. The Standard & Poor's 500 index rose less than 0.1 percent to 1,494.82. The Nasdaq composite lost 0.7 percent to 3,130.38.

Benchmark oil for March was down 6 cents to $95.89 per barrel in electronic trading on the New York Mercantile Exchange. The contract gained 72 cents to finish at $95.95 a barrel on the Nymex on Thursday.

In currencies, the euro fell to $1.3360 from $1.3371 late Thursday in New York. The dollar rose to 90.54 yen from 89.96 yen.

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Follow Pamela Sampson on Twitter at http://twitter.com/pamelasampson

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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