Wall Street ends day up, but light trading

April 12, 2004 at 5:09 PM
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NEW YORK, April 12 (UPI) -- Wall Street ended up Monday with a light trading volume because many foreign investors are still on Easter holiday.

The Dow Jones industrial average ended up 73.53, or 0.70 percent, at 10,515.56, while the Nasdaq composite index ended 12.60, or 0.61 percent, to 2,065.48. The Standard & Poor's 500 index ended up 5.88, or 0.52 percent, at 1,145.20. On the New York Stock Exchange 1.1 billion shares traded.

Energy stocks got a boost as crude-oil futures on the New York Mercantile Exchange flirted with $38 a barrel, the Wall Street Journal reported. The New York Stock Exchange's energy sector rose 1.3 percent.

No major economic reports were released Monday, but earning expectation for reports released this week are high. More than 700 U.S. firms will report earnings this week.

The 10-year Treasury note fell 9/32 point, or $2.8125 for each $1,000 invested, for a 4.24 percent yield.

The dollar was mixed, trading at 105.320 yen, down from 106.28, while the euro fell against the dollar to $1.2077 from $1.208.

In Tokyo, the Nikkei 225 stock average gained 145.19 points, or 1.2 percent, to close at 12,042.70. In London, the FTSE 100 index rose 21, or 0.47 percent at, 4,489.70.

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