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I'm Scott McWade with everything you need to know after the bell for Thursday, April
22nd, 2010.
Stocks inched into the green in the final hours of trading on Thursday after spending
most of the session in negative territory.
The Dow Jones industrial average gained nine points.
The S&P 500 rose two and three quarters. The NASDAQ rose 14 and a half.
The markets tumbled as Greece's borrowing costs surged after it was revealed the country's
debt was worse than previously thought.
The European Union's statistics office Eurostat said Thursday that Athen's budget deficit
in 2009 climbed to 13.6 percent of its economic output.
Previous estimates placed the country's debt at 12.9 percent of its gross domestic product.
In the United States. an increase in wholesale prices was nearly double what analysts expected
this March. However, many retailers are absorbing the
increased cost because of a reluctance to pass on higher prices to cash-strapped consumers.
You should also know the economy appears to be improving as home sales rise and new claims
for jobless benefits fall.
I'm Scott McWade. Now you're wired up on Public Wire.com.