News / 

Stocks mostly higher...Final GDP...German consumers confident

Save Story

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

HONG KONG (AP) — Most international stock markets advanced today in light trading after China's leaders held out the hope of more stimulus to combat weakness in the world's No. 2 economy. Futures point to a flat Walt Wall Street open. Benchmark U.S. crude oil rose above $36 a barrel. The dollar slipped against the yen and the euro.

WASHINGTON (AP) — The final revision of the July-September Gross Domestic Product is due out today. The Commerce Department's previous estimate was that the economy expanded at an annual rate of 2.1 percent.

BERLIN (AP) — A closely watched survey shows German consumers' confidence rising for the first time after four months of decline. The GfK research group says its forward-looking consumer climate index for January rose to 9.4 points, from 9.3 points in December. GfK says consumers' willingness to buy rose, as did their income and economic expectations. Germany's economy has been robust in recent years, with low unemployment and rising nominal wages that are boosted by low inflation. GfK says increasing fear following the Paris attacks doesn't seem to have affected consumer sentiment.

UNDATED (AP) — It's a double-milestone for Elon Musk's private launch company, SpaceX. The company got back into the satellite launch business yesterday after an accident last summer set it back. But the remarkable part of the mission was the safe return of the 15-story leftover booster, which landed vertically at Cape Canaveral, Florida. It boosted Musk's drive toward reusability and cheaper launch costs.

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 This material may not be published, broadcast, rewritten or redistributed.

Most recent News stories

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast