NEW YORK, May 13 (Xinhua) -- U.S. stocks traded in a range on Friday, as investors digested the newly-released economic data.
At midday, the Dow Jones Industrial Average shed 8.42 points, or 0.05 percent, to 17,712.08. The S&P 500 edged down 0.29 points, or 0.01 percent, to 2,063.82. The Nasdaq Composite Index was up 16.23 points, or 0.34 percent, to 4,753.56.
The advance estimates of U.S. retail and food services sales for April were 453.4 billion U.S. dollars, seasonally adjusted, an increase of 1.3 percent from the previous month, and 3 percent above April 2015, according to the U.S. Commerce Department Friday.
The Producer Price Index for final demand rose 0.2 percent in April, seasonally adjusted, the U.S. Labor Department reported Friday. Final demand declined 0.1 percent in March and 0.2 percent in February.
The index for final demand less foods, energy, and trade services moved up 0.3 percent in April following no change in March.
In corporate news, shares of Apple traded higher in early Friday, after falling sharply Thursday to close at its lowest since June 2014.
U.S. stocks closed mixed Thursday after choppy trading, as Wall Street digested soft economic reports. Enditem
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Autacoids and Related Drugs Market Widens its Global Footprint for Significant Growth
Autacoids refer to the biological factors that work like hormones and are released from body cells in response to various types of stimulations to prompt physiological responses such as treatment of a local injury or other ailments. Any imbalance in the release, synthesis, or transduction system associated with these temporarily formed biological agents trigger pathological conditions such as allergy, inflammation Raekwon McMillan Jersey , and hypersensitivity. Autacoids antagonists are prescribed for the prevention of such undesirable changes to the body in response to imbalance in the operation of autacoids.
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The global market for autacoids and related drugs is expected to cross the 100 bn mark by 2018. Rising research and development activities demonstrating the use of autacoids as potential therapeutic immunomodulators for a variety of disease conditions and the increased interest in use of lipid autacoids as important therapeutic agents for treating chronic pain will be the key factors driving the market. The significant rise in cases of chronic pain across the globe and the increased focus of the medical community on the severity of chronic pain and finding effective ways to treat it are expected to make lipid autacoids a key drug candidate for the condition in the near future.