Deliberations Continue in Lay Skilling Trial
Jurors in the Enron founder Kenneth Lay and former CEO Jeffrey Skilling fraud and conspiracy trial pressed on after a fifth day of deliberations totaling about 31 hours. They requested more copies of trial exhibits and transcripts while awaiting a verdict.
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Stocks rally after volatile session amid data and rates hopes
New York stocks closed modestly higher as durable goods and home sales data eased rate worries. The Dow rose 18.97 to 11,117.32 after oscillating nearly 70 points. S&P 500 gained 1.99 to 1,258.57 and Nasdaq 2,169.17. Decliners led gainers 9 to 7 on the NYSE as investors await clearer inflation signals.
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