Major US stock indexes rose across the board on
Friday for a second day, buoyed by a leading consumer index that
holds the prospect of increased household spending.
The private Conference Board's index of leading economic indicators rose 0.4 per cent in July after declining by the same amount a month earlier.
Apple shares rose 1.9 per cent, pushing the company's market value above 600 billion dollars, after a report that it had started production of the iPad mini, Bloomberg news agency said.
The blue-chip Dow Jones Industrial Average gained 25.09 points, or 0.19 per cent, to 13,275.20. The broader Standard & Poor's 500 Index rose 2.65 points, or 0.19 per cent, to 1,418.16. The technology-heavy Nasdaq Composite Index jumped 14.20 points, or 0.46 per cent, to 3,076.59.
The US currency rose against the euro to 81.12 euro cents from 80.92 euro cents on Thursday. The dollar rose against the Japanese currency to 79.56 yen from 79.33 yen.
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