Dow Jones Closes Higher as Market Weighs Week
Dow Jones average rises with a 2.14 percent week gain and a 6.58 percent three month advance while the index sits around 14,548. Investors weigh mixed economic signals as shares move to end the period on positive footing.
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Wall Street write offs hit 3 billion on student loans
Banks wrote off 3 billion dollars of student loan debt in early 2013, up more than 36 percent from the year before as graduates struggle in a slow recovery. The period also saw home sales gains in Iowa with Cedar Rapids and several others reporting multiple sales, while regulators move to fault JPMorgan for due diligence lapses linked to Madoff.
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U.S
Jpmorgan Chase & Co
Bernard Madoff
Iowa
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Corn price fluctuations tied to stockpiles weather and demand
Eastern Iowa farmers watch corn slip after March USDA stocks report shows 5.4 billion bushels, well above forecasts. High inventories pressures prices while planting may surge to near 1936 levels if spring weather improves and demand rebounds.
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U.S. Department of Agriculture
Bloomberg
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