Posted: Jul 5, 2012 9:58 AM by KPAX News Staff
Updated: Jul 5, 2012 9:59 AM
Wall Street is back in business after shutting down for the Fourth of July. Investors are preparing for Friday's jobs report when the government reveals the latest unemployment figures. Analysts are expecting the unemployment rate to stay the same.
On Tuesday a report showing improvement in u-s factory orders gave the markets a boost. The Dow Jones Industrials was up 72 points while the NASDAQ finished 25 points higher.
People who use Netflix watched more than one billion hours of online video in June. Netflix has been moving its customers from DVD's to streaming video on TV's and mobile devices. The company says its average user watched 38 hours of video last month.
About 40 million Americans hit the road for the holiday and they're not relying on maps. With more and more drivers using GPS devices fold up paper maps are becoming a thing of the past. Several states say they are printing far fewer free maps now than they did 10 years ago. In Georgia, officials are making half the amount and in Pennsylvania production is down more than two-thirds. AAA says sales of its maps have dropped as well.