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Morning Business Brief

April 15, 2011, 5:37 AM

Morning Business Brief
Stocks ended little changed in Thursday Wall Street trading. The Dow added 14 points to 12,285. The S&P down ahead a fraction, while the Nasdaq fell 1 point.
  • This morning's scheduled economic reports include another look at inflation. The Labor Department releases the monthly Consumer Price Index. Also due, industrial production for March from the Federal Reserve.
  • Google's first-quarter earnings were shy of analyst expectations. Google plans a hiring binge this year and the results could fuel investor fears about additional cost pressures on the search giant.
  • Stocks have been mostly sinking in overseas markets today. China reports that inflation continues to climb despite Beijing's effort to control living costs. That's spooked investors in Asia. Meanwhile, the European Union is also reporting higher inflation in the 17 countries that use the euro.
  • The world's major economies are pledging support to the new governments taking power in the Middle East and North Africa. The Obama administration says regime changes in places like Egypt and Tunisia could unlock economic prosperity in the region in the same way that the fall of the Berlin Wall did in Eastern Europe more than two decades ago.

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