New York (AP) -- Investors are finding some appetite for risk after a jittery week.
Stocks have edged higher Thursday as investors put money into banking and industrial stocks as well as commodities. Investors worried about the economy have been cautious to buy up stocks, even after heavy selling Tuesday made shares look relatively cheap.
Investors were encouraged by better-than-expected results from aluminum maker Alcoa Inc.
According to preliminary calculations, the Dow Jones industrial average is up 5 at 8,183. The S&P 500 index is up 3 at 883. The Nasdaq composite index is up 5 at 1,753.
About three stocks rose for every two that fell on the New York Stock Exchange, where volume came to 1 billion shares.
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Dancing For Charity at the South Oakland Shelter 11/07
WWJ's Marie Osborne spoke live with Kevin Roach the Executive Director of the South Oakland Shelter. This is a charity event where area politicians, business leaders and media personalities will be pairing with professional dancers.
Movie Boot Camp 11/7
Larry Meistrich a veteran producer, talks about a three day filmakers workshop next weekend which he will host.
Health Care Overhaul 11/7
A live WWJ interview with AFL-CIO President Mark Gaffney on today's health care rally in Royal Oak.
China Mission 11/7
Wayne County Executive Robert Ficano further elaborates on the trip to China for himself and a board of delegates.
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