News Column

Markets Gain Early Monday

Feb 25, 2013

U.S. stock indexes made headway Monday, extending a 2013 rally that was derailed for two days last week.

Markets picked up where they left off Friday -- in recovery mode after falling off Wednesday and Thursday.

In late-morning trading Monday, the Dow Jones industrial average added 10.07 points, or 0.07 percent, to 14,010.64. The Standard and Poor's 500 added 1.48 points, or 0.1 percent, to 1,517.08 points. The Nasdaq composite added 8.22 points, or 0.26 percent, to 3,170.04 points.

The 10-year U.S. treasury rose 3/32 Monday to yield 1.957 percent.

Against the dollar the euro fell to $1.3197 from Friday's $1.3217. Against the yen, the dollar was lower at 93.72 yen from 94.55 yen.

In Tokyo, the Nikkei 225 closed at 11,662.52 points, up 276.58 points or 2.43 percent.

Source: Copyright United Press International 2013

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