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- AP correspondent Ed Donahue on Financial Markets
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Wall Street ends higher as company earnings season kicks off
By STAN CHOE AND DAMIAN J. TROISE - AP Business Writers
Fri,01/13/23-12:17AM , 486 Reads
NEW YORK (AP) — Stocks closed higher on Wall Street Friday to give the S&P 500 its best week in two months as earnings reporting season gets underway and CEOs begin to show how well or poorly they’re navigating high inflation and a slowing economy.
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- A worker collects parts at SMC, a Japanese pneumatic engineering company factory in Beijing on Jan. 10, 2023. China's trade surplus swelled to a record $877.6 billion in 2022 as exports rose 7% despite weakening U.S. and European demand and anti-virus controls that temporarily shut down Shanghai and other industrial centers. (AP Photo/Andy Wong)
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China's trade surplus swells to $877.6B as exports grow
By JOE MCDONALD - AP Business Writer
Thu,01/12/23-9:42PM , 322 Reads
BEIJING (AP) — China’s trade surplus swelled to a record $877.6 billion last year as exports rose despite weakening U.S. and European demand and anti-virus controls that temporarily shut down Shanghai and other industrial centers.
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How major US stock indexes fared Thursday 1/12/2023
By THE ASSOCIATED PRESS
Thu,01/12/23-3:24PM , 226 Reads
Wall Street closed higher after a report showed inflation slowed again last month.

The S&P 500 rose 0.3% Thursday. The Nasdaq and the Dow each rose 0.6%. While the report on inflation was clearly encouraging, stocks had already rallied earlier this week in anticipation of exactly such data.
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- A man walks by an office building across from a securities firm showing Japan's Nikkei 225 index in Tokyo, Friday, Jan. 13, 2023. Shares advanced Friday in Asia after news that U.S. consumer inflation slowed last month pushed Wall Street benchmarks higher. (AP Photo/Hiro Komae)
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Asian markets mostly higher, tracking Wall Street gains
By ELAINE KURTENBACH - AP Business Writer
Thu,01/12/23-12:36AM , 286 Reads
BANGKOK (AP) — Shares advanced Friday in Asia after news that U.S. consumer inflation slowed last month pushed Wall Street benchmarks higher.
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