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Stock market calms down...Investors wait for a Fed rate decision...Oil prices rise


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NEW YORK (AP) — . Markets are calmer after a recent bout of turmoil. Stocks moved slightly higher today on encouraging stimulus news from European Central Bank policymakers. The Dow added 23 points to close at 16,374. The S&P 500 rose two points to 1,951. And the Nasdaq fell 16 points, ending the trading session at 4,733.

NEW YORK (AP) — Investors appear to be encouraged by comments from European Central Bank policymakers, who say they are willing to provide more stimulus to the region's economy, if needed. Meanwhile, investors are now looking ahead to tomorrow, when a key jobs report will be released that could help determine whether or not the Federal Reserve raises interest rates this month.

NEW YORK (AP) — The price of oil is following the stock market higher. Benchmark U.S. crude rose 50 cents to close at $46.75 a barrel in New York. Meanwhile, Brent crude, a benchmark for international oils used by many U.S. refineries, rose 18 cents to close at $50.68 a barrel in London.

LAS VEGAS (AP) — Arcade-style slot machines that might require skill to win could be in Nevada casinos as early as next year. That's according to one game maker's estimate. The Nevada Gaming Control Board has recommended legal language that would allow the machines. But the changes still need approval by the Nevada Gaming Commission before taking effect.

FREEPORT, Maine (AP) — A grandson of L.L. Bean, who led a modernization and expansion of the outdoors retailer after the founder's death, has himself died. Leon Gorman was 80. Gorman died today in his Yarmouth, Maine, home surrounded by family after battling cancer, He led the Maine-based company as CEO or chairman for 46 years before retiring as chairman of the board in 2013.

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