Techs edge higher, led by Yahoo, eBay

Date: Thursday, September 10, 2009

Techs edge higher, led by Yahoo, eBay

The tech sector trades slightly higher, powered by gains scored by
Yahoo and eBay.

CRUDE ERASES GAINS AFTER DATA SHOW DEMAND WEAKNESS

Crude-oil futures erase early gains, fall slightly.

GOLD FUTURES TRADE FRACTIONALLY LOWER

The pullback in gold futures carries into a second session, with the
September and December contracts retreating modestly from the
$1,000-an-ounce level.

NEW JOBLESS CLAIMS FALL 26,000 TO 550,000

The number of people filing for state unemployment benefits for the
first time falls 26,000 to a seasonally adjusted 550,000 last week,
the lowest since mid-July, the U.S. Labor Department reports.

JULY'S TRADE GAP WIDENS SHARPLY ON FOREIGN AUTOS

The U.S. trade deficit shows a sharp widening for July, as foreign
automakers capitalized on the government's cash-for-clunkers program,
Commerce Department data indicate.