News Column

US Markets Head Higher

Jan. 23, 2013

U.S. stock indexes were mixed in New York Wednesday morning with two major boards starting the day at five-year highs.

The Dow Jones industrial average and the Standard & Poor's 500 index closed at 5-year peaks Tuesday.

In early afternoon trading Wednesday, the DJIA added 69.75 points or 0.51 percent to 13,781.96. The Nasdaq composite index gained 9.74 points or 0.31 percent to 3,152.92. The Standard and Poor's 500 added 1.52 points or 0.1 percent to 1,494.08.

The 10-year treasury note rose 4/32 to yield 1.834 percent.

Against the dollar, the euro was $1.3311 from Tuesday's $1.3322. The dollar dropped against the yen, hitting 88.6 yen from 88.71 yen.

In Tokyo, the Nikkei 225 index lost 2.08 percent, 222.94 points, to 10,486.99.

In London, the FTSE 100 index gained 0.3 percent, 18.47 points, to 6,197.64.

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Source: Copyright United Press International 2013

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