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Gapping Up and Down This Morning

Gapping Up

AMLN +18.1%, ANV +1.5%, YZC +2.5%, AG +2.4%, HL +2.5%, SVM +1.1%, SLV +1.1%, MMSI +2.2%, AGO +11.5%, MBI +4.7%, PMI +4.6%, RDN +2.7%, MTG +1.8%, CBST +5.4%, SYT +2.7%, MRK +2.5%, GGG +5.4%, ZN +4.7%, AEN +1.7%, ASML +1.4%, ACOR +1.4%, MCO +0.8%, MPEL +3.0%,

Gapping Down

CRUS -5.5%, GOOG -5.3%, MTSC -4.9%, SFG -4.9%, URBN -1.9%, BBVA -1.5%, BBL -1.4%, RIO -1.3%, BAC -1%

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India’s Inflation Rate Rises Faster Than Expected

India’s inflation accelerated more than economists estimated in March as the cost of fuel and manufactured goods rose, putting pressure on policy makers to raise interest rates in Asia’s third-largest economy.

The benchmark wholesale-price index rose 8.98 percent from a year earlier after an 8.31 percent gain in February, the commerce ministry said in a statement in New Delhi today.”

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Inflation Rose Faster Than Expected in Europe

“Inflation in the euro zone climbed higher than expected in March to 2.7 percent year-on-year, as fuel costs boosted the price of transport and housing, according to statistics published on Friday.”

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