Enthusiasm Over Earnings Buoys Mart
New York stocks rose this week with the Dow up 28.29 to 949.38 and the S&P 500 gaining 0.80 to 112.08 as investors cheered first quarter earnings. NYSE turnover rose, volume hit 76 million shares, and leading issues like AT&T advanced about 2 percent on strong trading activity.
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No Accord on Shield Bill in Texas State Talks
House and Senate conferees across Friday remained split on the shield bill. House members propose removing the Supreme Court disclosure clause if the Senate version is accepted, while Attorney General Hill says judicial interference is unconstitutional. Senator Brooks defends a safety valve and hints at a possible commission with power to require source disclosure in public necessity cases.
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