U.S. markets find lows, then climb Tuesday

NEW YORK, June 24 (UPI) -- U.S. stock indexes flirted with a closing low for 2008, but rebounded slightly Tuesday afternoon.

The Dow Jones industrial average hit a low for the year at 11,740.15 points, The Wall Street Journal reported. But, the Dow regained some momentum to close at 11,807.43, off 34.93 points or 0.29 percent.

The Nasdaq composite index closed at 2,368.28, down 0.73 percent or 17.46 points, while the Standard and Poor's 500 closed at 1,314.29, down 0.28 percent or 3.71 points.

On the New York Stock Exchange, 970 stocks advanced and 2,172 declined on a volume of 1.339 billion shares traded.

The 10-year U.S. Treasury note gained 20.32 to yield 4.088 percent.

Against the euro, the dollar was at $1.5564, compared to Monday's close of $1.5572. Against the yen, the dollar was at $107.828, compared to Monday's $107.79.

In Tokyo, the Nikkei 225 Stock Average dipped 0.6 percent to 1,3849.56 at Tuesday's close.

In London, the FTSE 100 index lost 8.20 points, or 0.14 percent, to 5,659.00.