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U.S. markets recover from steep losses
NEW YORK, June 13 (UPI) -- U.S. stock indexes held to gains at the close Friday, enough to put a gain of 0.8 percent in the Dow Jones industrial average for the week.
Friday's upswing was attributed to a U.S. Bureau of Labor Statistics report that said core price inflation, which exclude food and energy, was limited to a 0.2 percent gain in May.
The Dow Jones industrial average gained 165.77 points Friday to 12,307.35, up 1.37 percent. The Standard and Poor's 500 index rose 20.16 points to 1,360.03, up 1.5 percent. The Nasdaq composite index rose 2.09 percent to 2,454.50, up 50.15 points.
On the New York Stock Exchange, 2,271 stocks advanced and 845 declined on a volume of 1.224 billion shares traded.
The 10-year U.S. Treasury note fell 11/32 to yield 4.261 percent.
The dollar gained. The euro traded at $1.5372 from Thursday's $1.5421, while the dollar traded at 108.20 yen from Thursday's 107.93 yen.
In Tokyo, the Nikkei index gained 85.13 points to 13,973.73, up 0.61 percent.
In London, the FTSE 100 index gained 13.80 to 5,804.30, up 0.24 percent.
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