The Dow Jones was up in early trading on Wednesday, adding 50.73 points (0.65%) to 7,840 shortly before 10am local time.
Aluminium producer Alcoa advanced the most, adding 4.11% to $8.11, despite reporting a Q1 loss of $480m ($0.59 per share) last night. General Motors (GM) gained 3.4% to $2.07 following news GM and Chrysler have launched supplier support programmes backed by up to $5bn in US government funds. Elsewhere, DIY giant Home Depot rose more than 3% to $25.12 while construction firm Caterpillar advanced 2.48% to $30.18. JPMorgan Chase is the day's biggest loser so far, shedding 1.91% to $26.73, after the Bank of America cut earnings forecasts for the group. Bank of America has also seen its ...
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