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Business brief
Earnings, forecasts aid stocks:
NEW YORK - Investors encouraged by a good batch of earnings reports and forecasts jumped back into stocks after a two-day slide.
Stocks posted big gains Thursday as investors snapped up financial shares after several banks said they weren't seeing as many loans go bad. Wal-Mart Stores Inc. also said it expects sales to grow this year.
The technology-heavy Nasdaq composite index advanced the least among major indicators following a disappointing forecast from online retailer eBay Inc.
The Labor Department said workers filing for unemployment benefits for the first time rose more than expected last week.
Synovus leads state gainers:
The Bloomberg Alabama Index rose 1.26 to 299.90 Thursday. Columbus, Ga.-based Synovus Financial Corp., which owns Birmingham's First Commercial Bank, led gainers, up 7.85 percent, or 26 cents, to close at $3.57. From staff and wire reports --
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