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Exxon barred from Iraqi oil, gas auction
NEW YORK, June 9 (UPI) -- U.S. stock indexes were mixed Monday after Lehman Brothers said it intends to raise $6 billion after a second-quarter net loss estimated at $2.8 billion.
A drop in oil prices also boosted stocks Monday.
At the close, the Dow Jones industrial average had gained 70.51 points to 12,280.32, up 0.58 percent. The Standard and Poor's 500 index rose 1.08 to 1,361.76, up 0.08 percent. The Nasdaq composite index was down 15.10 to 2,459.46, down 0.61 percent.
On the New York Stock Exchange, 1,111 stocks advanced and 2,004 declined on a volume of 1.345 billion shares traded.
The 10-year U.S. Treasury note lost 18/32 to yield 4 percent.
The euro traded at $1.5635 from Friday's $1.5769, while the dollar traded at 106.25 yen from Friday's 105.00 yen.
In Tokyo, the Nikkei index lost 308.06 points to 14,181.38, off 2.13 percent.
In London, the FTSE 100 index lost 29.20 to 5,877.60, off 0.49 percent.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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ARLINGTON, Va., Feb. 14 (UPI) --
The proposed U.S. budget, with its envisaged $487 billion defense spending cuts over 10 years, is seen as a "direct hit" on the aerospace and defense industry.
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Compared to whites, greater shares of both black and Hispanic young adults say owning their own home is among their top priorities. While 25 percent of blacks and 26 percent of Hispanics say owning a home is of the highest importance in their lives,...
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President Barack Obama has revealed a budget that, once again, will give the Republican party a chance to show that vitriol is more fun than compromise.
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