The markets were higher today despite a light day of trading as investors are looking ahead to more earnings reports next week.
The number of Americans filing first time unemployment benefits ticked up slightly, rising 4,000 to a seasonally adjusted 371,000 according to the Labor Department. Economists were expecting 365,000 new claims.
Also on the economic front, the Commerce Department is reporting a rise in wholesale inventories, up 0.6 percent to $498.95 billion in November.
Nokia (NYSE:NOK) reported better-than-expected fourth quarter results, due in part to strong sales of Lumia smartphones.
Shares of Ford Motor (NYSE:F) are trading higher today after the automaker announced it will double its dividend to 10 cents per share.
Tomorrow, we'll take a look at import and export prices as well as earnings from Wells Fargo (NYSE:WFC).
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