A.M. Briefing

The Florida Times Union, April 22, 2014 | Go to article overview

A.M. Briefing


DOW CONTINUES WINNING WAYS

The Dow Jones industrial average logged its longest winning streak in six months as a big week for corporate earnings began. The index rose for a fifth straight day on Monday, its longest winning streak since October.

On Monday:

The Dow Jones industrial average rose 40.71 points, or 0.3 percent, to 16,449.25.

The Standard & Poor's 500 index gained 7.04 points, or 0.4 percent, to 1,871.89.

The Nasdaq composite added 26.03 points, or 0.6 percent, to 4,121.55.

Associated Press

GAS PRICES LEVELING OFF

Gas prices are beginning to stabilize after three weeks of steady increases. AAA reports that the average price for a gallon of regular gas increased over the past week from $3.64 to $3.67 nationally, from $3.72 to $3.76 in Florida and from $3.58 to $3.65 in Georgia.

But all three averages remained unchanged over the weekend, and that's something that hasn't been happening as drivers faced daily increases.

Prices typically peak in the spring, according to AAA.

In Jacksonville, the average was $3.66 Monday, up from $3.60 a week ago, $3.50 a month ago and $3.45 a year ago.

Roger Bull the Times-Union

UNION DROPPING VW PLANT APPEAL

The United Auto Workers dropped its appeal of a worker vote against unionizing at a Volkswagen plant in Tennessee, a move that the union said should put pressure on Republican politicians to quickly approve incentives the German automaker is seeking to expand its lone U. …

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