The stock market began the week on a mixed note. The Dow Jones Industrial Average gained 73.39 point to 11,092.05. The Standard and Poors 500 Index gained 5.39 to 1,197.52 while the Nasdaq composite index fell 1.15 to 2,480.11.
- IBM's first quarter earnings came in better than analysts expected. The tech giant's earnings jumped 13 percent to $1.97 a share. That was four cents more than analysts predicted and is seen as a sign that companies are willing to spend money on technology.
- Interest rates closed higher after an indicator of future economic activity rose more than expected. The rise in the index of leading economic indicators suggests economic growth is likely to continue for the next three to six months. The yield on the benchmark 10-year Treasury note rose to 3.80 percent from 3.77 percent Friday.
- Crude oil futures prices ended lower on the New York Mercantile Exchange. The near-month contract for the benchmark grade fell $1.79 -- closing at $81.45 a barrel.
- Another dividend increase for Procter and Gamble shareholder. The company that makes Tide detergent and Pampers diapers has raised its dividend from 44 cents a share to a little more than 48 cents a share. That's a jump of almost ten percent. The company says it has now increased its dividend for 54 straight years.