Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

U.S. markets close mixed Monday

|
|
 
  
(UPI Photo Files) 
Published: June 9, 2008 at 4:30 PM
Advertisement

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.

© 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.

Order reprints
  
Join the conversation
Most Popular Collections
The making of the Oscars The Chicago Auto Show The Tibetan Moniam Festival in China
Additional Business News Stories
1 of 20
Syrian protests continue
View Caption
fark
Photoshop this topless athlete
Man rejects girlfriend's noodles, says toodles by leaving her in poodle of blood. Oodles of boodle...
Mormons tried to posthumously baptize Nobel laureate and Holocaust survivor Elie Wiesel but were...
School principals should probably have background checks processed on them before they are hired...or...
Despite having a court order against her, man interrupts domestic battery case against his girlfriend...
Empire State building IPO issued. Subby also has a bridge to sell you as well