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U.S. markets close mixed Friday

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Published: April 25, 2008 at 4:14 PM
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NEW YORK, April 25 (UPI) -- U.S. stock indexes ended mixed on narrow margins at the close Friday, with the Dow Jones Index up in spite of declining consumer sentiment.

Consumer confidence slumped to a 26-year low in March, the University of Michigan reported Friday.

The Dow Jones industrial average gained 42.91 points to 12,891.86, up 0.33 percent. The Standard and Poor's 500 index rose 9.02 points to 1,397.84, up 0.65 percent. The Nasdaq composite of tech-dominated stock fell 5.99 points to 2,422.93, down 0.25 percent.

On the New York Stock Exchange, 1,937 stocks advanced and 1,168 declined on a volume of 1.278 billion shares traded.

The 10-year U.S. Treasury note fell 9/32 to yield 3.87 percent.

The dollar gained for the second straight day Friday. The euro traded at $1.559 from Thursday's $1.5677, while the dollar traded at 104.49 yen from 104.35 yen Thursday.

In Tokyo, the Nikkei index gained 322.60 Friday to 13,863.47, up 2.38 percent.

In London, the FTSE 100 index gained 40.70 to 6,091.40, up 0.67 percent.

© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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