News Column

Markets End October With a Thud

October 31, 2013

UPI Business News

markets
Stock markets ended October in a down mode.

U.S. stocks dropped Thursday with economic data topped by news the unemployment rate in the eurozone hit a record 12.2 percent.

Stocks were lower in Asia but rose in Europe, despite the setback.

On Wall Street, the Dow Jones industrial average lost 73.01 points or 0.47 percent to 15,545.75. The S&P 500 gave up 6.77 points, 0.38 percent, to close at 1,756.54.

The Nasdaq closed at 3,919.71 points, off 10.91 points or 0.28 percent.

On the month, the Dow closed 2.8 percent ahead while the S&P rose 4.5 percent. The Nasdaq index finished the month with a 3.9 percent gain.

On the New York Stock Exchange, 1,215 stocks advanced while 1,863 declined on volume of 3.8 billion shares traded.

In Japan, the Nikkei 225 index lost 174.41 points, 1.2 percent, to close at 14,327.94. In China, the Shanghai composite index gave up 0.87 percent, 18.85 points, to 2,141.61.

In London, the FTSE 100 lost 46.27 points, or 0.68 percent, to finish trading at 6,731.43. In Germany, the DAX 30 index added 0.26 percent, 23.65 points to 9,033.92.

On currency markets, the euro traded at $1.358 and the dollar fell to 98.31 yen.

On the Comex division of the New York Mercantile Exchange, gold lost $24.50, 1.82 percent, to $1,324.70 per troy ounce. Silver gave up $1.04 to hit $21.945 per ounce.

Ten-year benchmark treasuries fell 2/32 to yield 2.546 percent.

Copyright 2013 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Original headline: Markets fall to close out October


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Source: Copyright 2013 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.


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