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U.S. markets news

US stocks higher after wild swings
US stocks finished higher on Tuesday after a wild swing lower led by tech stocks that saw the Nasdaq Composite index down nearly two percent at one point.
Stocks slip but then mount a comeback  Boston Globe
India Morning Call-Global Markets  Reuters
Independent Online   Related articles »  
Stocks get a boost from earnings, China
U.S. stock futures were moving higher after a set of positive earnings and better-than-expected Chinese GDP data boosted investor sentiment.
China GDP Growth Slows to 7.4%  Wall Street Journal
China economic growth slows to 18-month low in first-quarter  Reuters
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Alibaba Profit Surge Fuels Speculation IPO Will Break Record
Net profit at Alibaba Group, China's largest e-commerce company, more than doubled in the 4th quarter, fueling speculation that the company may be on track for the largest-ever IPO in the United States sometime this year.
UPDATE 3-Alibaba's growth accelerates, US IPO filing expected next week  Reuters
Chinese e-commerce giant Alibaba expected to file for US IPO next week  IBNLive
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Global shares up on China relief, Ukraine strains remain
LONDON (Reuters) - Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.
Europe rallies on China data, earnings; UK data beats  CNBC.com
Asian shares rise, China growth beats forecasts  Business Recorder
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Census survey changes mask law's effects
WASHINGTON - The Census Bureau, the authoritative source of health insurance data for more than three decades, is changing its annual survey so thoroughly that it will be difficult to measure the effects of President Barack Obama's health care law in the ...
The Fog of the Obamacare War  National Review Online (blog)
Cooking the ObamaCare Stats  Wall Street Journal
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British unemployment hits five-year low, pay growth matches inflation
LONDON (Reuters) - Britain's unemployment rate fell more than expected and pay growth caught up with inflation for the first time in nearly four years.
ONS: After six years, wages finally overtake inflation  BBC News
wage growth rises to match inflation  Financial Times
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UPDATE 4-China denies US warning of undervalued currency
(Adds Chinese comment). By Megha Rajagopalan and Patrick Temple-West. BEIJING/WASHINGTON, April 16 (Reuters) - China rejected on Wednesday a warning from the Obama administration that its currency was too weak, urging the United States to ...
U.S. Urges China to Allow Bigger Market Role in Valuing Yuan  Bloomberg
China denies US warning of undervalued currency  Reuters India
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Detroit Cuts Deal With Retired Police and Firefighters
Detroit has reached a deal with some retired workers over pension benefits, but cut monthly payments for other former employees, in a move that could give a boost to the city's plan to exit bankruptcy in October, officials said Tuesday.
Detroit strikes two deals over pensions with police, firefighters, other ...  Fox News
Obama, Michigan in talks to free up $100M to aid Detroit pension deal  Detroit Free Press
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Credit Suisse Profit Below Expectations -- 2nd Update
ZURICH-- Credit Suisse Group AG's investment banking business weighed on profit in the first quarter, forcing Switzerland's second-largest bank by assets to lean heavily on its roots in private banking.
Credit Suisse Profit Falls 34% in First Quarter  New York Times
Credit Suisse profit disappoints as revenues fall  MarketWatch
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Burberry rises on Chinese sales
Burberry's plan to take Regent Street to China has paid off, and helped sales at the British luxury goods group rise by almost a fifth in the space of six months.
Burberry Expects Currency Movements to Hurt Profit -- Update  Wall Street Journal
Burberry warns strong pound will hit profits  Telegraph.co.uk
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