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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Feb. 12 (UPI) -- Investors notched a solid day of trading on Tuesday with rebounds in the financial markets offsetting fractional losses in the technology sector.
The Dow Jones industrial average posted a 133.40 point gain, or 1.07 percent, closing at 12,373.41 points.
The Standard & Poor's 500 index added 9.73 points or 0.73 percent to 1,348.86. The Nasdaq composite of tech-dominated shares declined 0.02 points to 2,320.04.
On the New York Stock Exchange, 2,128 stocks were gainers and 992 declined on volume of 4.003 billion shares traded.
The 10-year Treasury note fell 13/32 Tuesday, to yield 3.667 percent.
The dollar was mixed. The euro traded at $1.4589, compared with $1.4523 Monday and the dollar traded at 107.28 yen, down from 106.91 yen Monday.
In Tokyo, the Nikkei average gained 4.72 points Tuesday to 13,021.96, up 0.03 percent.
In London, the FTSE 100 index was up 202.30 points to 5,910.00, a gain of 3.54 percent.
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PORTLAND, Maine, Feb. 13 (UPI) --
So-called tar sands oil from Canada is "much, much worse" for the environment than conventional crude oil, a Maine environmental advocate said.
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SAINT-LAURENT, Quebec, Feb. 13 (UPI) --
The Canadian coast guard has picked Thales Canada for the supply and installation of helicopter tracking systems aboard 22 aircraft and 17 ships.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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