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Housing Deal, Hope For Insurers Lift US Stocks

Stock quotes in this article: AA , CSCO , CTX , HIG , JNPR , MET , MSFT , PHM , R  

SARA LEPRO

NEW YORK (AP) — Wall Street broke a two-day slide Wednesday as investors cherry-picked insurance, technology and homebuilding stocks on bits of welcome news for those industries.

But jitters about weak first-quarter corporate profit reports and a downbeat assessment of the economy from the Federal Reserve held the market's gains in check.

Concerns over quarterly results and company forecasts for the remainder of the year have rattled the market this week, saddling the Dow Jones industrials with a nearly 3 percent loss over Monday and Tuesday. ...

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