Stock market rises at midday - 13 WTHR Indianapolis

Stock market rises at midday

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  • Friends, colleagues remember life of slain IMPD officer

    Friends, colleagues remember life of slain IMPD officer

    Saturday, April 19 2014 12:34 PM EDT2014-04-19 16:34:23 GMT
    Picture provided by familyPicture provided by family
    The influence of an IMPD officer killed by her ex-husband in a murder-suicide went far beyond the police department. Neighbors and those who worked with Ofc. Kimberlee Carmack are still trying to understandMore >>
    The influence of an IMPD officer killed by her ex-husband in a murder-suicide went far beyond the police department.More >>
  • Gap between Indiana wages, living costs grows

    Gap between Indiana wages, living costs grows

    Saturday, April 19 2014 11:29 AM EDT2014-04-19 15:29:27 GMT
    Indiana workers' pay didn't keep pace with inflation last year, and economic experts say the state needs to focus more on the quality of jobs instead of the quantity to close the distance.Hoosier workers saw a mere 0.8 percent increase in pay last year. But federal data released this month show inflation grew 1.4 percent in the Midwest.Business leaders tell the Indianapolis Business Journal (http://bit.ly/1hVKISa ) that a high number of job seekers has allowed many employers to hold down wage...More >>
    Indiana workers' pay didn't keep pace with inflation last year, and economic experts say the state needs to focus more on the quality of jobs instead of the quantity to close the distance.Hoosier workers saw a mere 0.8 percent increase in pay last year. But federal data released this month show inflation grew 1.4 percent in the Midwest.Business leaders tell the Indianapolis Business Journal (http://bit.ly/1hVKISa ) that a high number of job seekers has allowed many employers to hold down wage...More >>
  • Lack of psychiatrists hits mental health patients

    Lack of psychiatrists hits mental health patients

    Saturday, April 19 2014 10:51 AM EDT2014-04-19 14:51:16 GMT
    A nationwide shortage of psychiatrists is forcing many mentally ill Indiana patients to wait months for an appointment.The Health Resources and Services Administration reports more than half the state's counties have a shortage of mental health professionals. The Journal Courier has found there is just one psychiatrist for every 57,585 residents in Tippecanoe and surrounding counties.The shortage stems in part from low reimbursement rates by insurance companies. A private psychiatrist will m...More >>
    A nationwide shortage of psychiatrists is forcing many mentally ill Indiana patients to wait months for an appointment.The Health Resources and Services Administration reports more than half the state's counties have a shortage of mental health professionals. The Journal Courier has found there is just one psychiatrist for every 57,585 residents in Tippecanoe and surrounding counties.The shortage stems in part from low reimbursement rates by insurance companies. A private psychiatrist will m...More >>
NEW YORK -

Upbeat news on employment is lifting stocks at midday, breaking a five-day losing streak for the Standard & Poor's 500 index.

The S&P 500 index gained four points to 1,696 at 12 p.m. Eastern Daylight Time Thursday. The Dow Jones industrial average rose 40 points to 15,313. The Nasdaq climbed 21 points to 3,782.

Unemployment claims fell close to their lowest level in six years last week, the government says.

The Dow and S&P 500 have fallen five consecutive days, spooked by the prospect of a government shutdown. Treasury Secretary Jacob Lew told Congress this week that the Treasury's ability to borrow funds will be exhausted Oct. 17.

Bed Bath & Beyond rose $3.17, or 4 percent, to $77.38. The retailer said Wednesday that its quarterly profit increased 11 percent.

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