Stocks Rise as Traders Balance Inflation, Corporate Data

FOX Business: The Power to ProsperThe markets edged higher on Wednesday as traders balanced a report showing inflation at the producer level grew quicker than expected and a slew of corporate earnings. Today's MarketsAs of 9:32 a.m. ET, the Dow Jones Industrial Average climbed 50.8 points, or 0.44%, to 11,457, the S&P 500 gained 6.9 points, or 0.58%, to 1,200 and the Nasdaq Composite rose 6.9 points, or 0.28%, to 2,530.Wall Street snapped its three-day wining streak on Tuesday after fears Europe would not be able to contain its sovereign debt crisis and global economic woes weighed heavily on sentiment on this side of the Atlantic. The economy is expected to come into focus throughout the rest of the week, with inflation reports and the weekly jobless claims report on tap for the next two days.Continue reading the article.