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Today's News Related To: Index (Provided by Yahoo! News)

Inflation may be worse than consumer price index shows (USA Today)
Technical factors held down the government's consumer price index in April, but economists say inflation isn't whipped. The CPI rose 0.2% in April, down from 0.3% in March, the Bureau of Labor Statistics said Wednesday. The index has risen 3.9% since April 2007.

Baltic Dry Index Advances to Record in London on Chinese Demand (Bloomberg.com)
May 15 (Bloomberg) -- The Baltic Dry Index , a measure of shipping costs for commodities, rose to a record on Chinese demand for iron ore and may advance further as rising finance costs curbs growth in the global fleet.

Mexican Stock Exchange Starts Index of Local, Brazilian Shares (Bloomberg.com)
May 14 (Bloomberg) -- Mexico's stock exchange started an index of 10 Mexican and 10 Brazilian stocks it expects will be the basis for mutual funds, Chief Operating Officer Pedro Zorrilla said.

European Stocks Rise on Economy; U.S. Index Futures Advance (Bloomberg.com)
May 15 (Bloomberg) -- European stocks rose for a second day after a report showed the region's economy expanded more than forecast in the first quarter, easing concern credit-market losses will curb growth. U.S. index futures and Asian shares gained.

European Stocks Decline; U.S. Index Futures Are Little Changed (Bloomberg.com)
May 15 (Bloomberg) -- European stocks fell as Barclays Plc announced $3.3 billion in writedowns, RWE AG's earnings missed analysts' estimates and Societe Television Francaise 1 lowered its sales forecast. U.S. index futures were little changed, while shares in Asia rose.