Shares on Wall Street edged higher Wednesday after the government said businesses trimmed their inventories again in January. The Commerce Department said that wholesale inventories fell 0.2 percent in January following a 1 percent drop in December. Sales rose 1.3 percent, however. That was the 10th consecutive gain. If sales pick up, that would likely force businesses to restock inventories. With little economic data released since last week’s better-than-expected jobs report, investors...
Full Story: The New York Times
