News Summary: Dow holds 15,000 level

AP News
Posted: May 08, 2013 4:45 PM

GRINDING HIGHER: The day after closing above 15,000 for the first time, the Dow Jones industrial average maintained its upward momentum and edged up 0.3 percent.

EARNINGS FOCUS: On a day without any major economic releases, investors focused on earnings, which are at record levels, having risen 5 percent in the first quarter.

IT'S IN THE GAME: Electronic Arts, the video game publisher behind SimCity and the Madden Football games, was the biggest gainer in the Standard & Poor's 500 index. The company projected full-year profits that were better than analysts were expecting.