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Stocks finish higher

Stocks finish higher

Investors have been looking at mixed economic and earnings data for clues about the health of the economy.


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NEW YORK (AP) - After another day of wild swings on Wall Street, stocks are finishing the day with a solid gain. The Dow ended up about 400 points higher for the day.

Investors have been looking at mixed economic and earnings data for clues about the health of the economy.

They initially seemed encouraged by a better-than-expected reading on consumer prices. But then the Philadelphia Federal Reserve said regional manufacturing conditions weakened in October.

The Labor Department said inflation was flat last month.

Oil prices have tumbled below $70 a barrel after the government reported bigger-than-expected jumps in U.S. crude and gasoline inventories. Investors took the news as more evidence that an economic slowdown is curbing demand for energy.

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