News Column

U.S. Markets Mixed, With Benefit Claims Up

April 28, 2011
Bull and bear market

U.S. markets opened mixed Thursday morning after the Labor Department said first-time unemployment benefit claims jumped sharply for the week ending April 23.

The department said first-time claims rose by 25,000, compared to the previous week, reaching 429,000.

In midmorning trading on Wall Street, the Dow Jones industrial average added 14.49 points, 0.11 percent, to 12,706.21. The Standard & Poor's 500 index lost 0.02 percent, 0.27 points, to 1,355.39. The Nasdaq composite index gave up 0.12 percent, 3.45, to 2,866.43.

The benchmark 10-year treasury note rose 10/32 to yield 3.32 percent.

The euro rose to $1.4822 from Wednesday's $1.4794. Against the yen, the dollar fell to 81.46 yen from Wednesday's 82.04 yen.

In Tokyo, the Nikkei 225 index added 1.63 percent, 157.90, to 9,849.74.

Source: Copyright United Press International 2011