Monday, April 30, 2012

Drifting higher

Stocks drifted higher Friday, capping a weekly gain, as upbeat corporate results outweighed a weaker-than-expected report on Q1 economic growth.  Amazon jumped 15% after its report and eased concerns about the online retailer's expansion. Jobs and consumer data will take the focus away from corporate earnings this week, as investors try to gain a clearer view of the economy through the fanfare of quarterly financial surprises.