US stocks gain as surprising earnings overshadow GDP report

NEW YORK - US stocks posted strong gains Wednesday as most companies that reported profits for the first quarter beat estimates on the day, drowning out reports of a sharp contraction in the US economy over the first three months.

Stocks end higher as Fed sees ’somewhat slower’ slide in economy; S&P 500 hits 3-month high

NEW YORK — The Fed confirmed what Wall Street has already concluded: The recession is starting to ease.

Sunday’s NBA Playoff Boxes

Pierce 9-24 8-9 29, Davis 4-16 2-2 10, Perkins 6-10 3-3 15, R.Allen 8-17 7-8 28, Rondo 9-18 7-9 25, Marbury 1-3 0-0 2, House 2-5 1-1 6, Moore 0-0 0-0 0, Scalabrine 1-2 0-0 3, T.Allen 0-0 0-0 0. Totals 40-95 28-32 118.

Celtics-Bulls, Box

Pierce 9-24 8-9 29, Davis 4-16 2-2 10, Perkins 6-10 3-3 15, Rondo 9-18 7-9 25, R.Allen 8-17 7-8 28, Marbury 1-3 0-0 2, House 2-5 1-1 6, Moore 0-0 0-0 0, Scalabrine 1-2 0-0 3, T.Allen 0-0 0-0 0. Totals 40-95 28-32 118.

Markets end in red as global cues weaken

MUMBAI - Indian equities markets closed in the red Tuesday owing to a slump in global bourses, even as the central bank slashed key policy rates by 25 basis points. A key index fell 81 points below its last closing figure.

Markets slip further

MUMBAI - Indian equities markets slipped further into the red Friday about 90 minutes before trade ended, with a key index trading almost three percent below its previous close.