News Column

Markets Mixed on Retail Report

Feb. 13, 2013

U.S. stock indexes were mixed Wednesday after the Census Bureau said retail sales rose marginally in January.

Sales rose 4.4 percent from January 2012, but only 0.1 percent from December, which was in line with expectations.

In early afternoon trading, the Dow Jones industrial average shed 48.54 points or 0.35 percent to 13,970.16. The Nasdaq composite index added 3.57 points or 0.11 percent to 3,190.06. The Standard & Poor's 100 was flat, off 0.14 points or 0.01 percent to 1,519.29.

The 10-year treasury note fell 8/32 to yield 2.009 percent.

Against the dollar, the euro fell to $1.3448 from Tuesday's $1.3454. The dollar fell to 93.42 yen from 93.48 yen.

The Nikkei 225 index in Tokyo dropped 1.04 percent, 117.71 points, to 11,251.41.

The FTSE 100 index in London gave up 0.33 percent, 20.73 points, to 6,359.11.



Source: Copyright United Press International 2013


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