1.
Auto Outlook: Toyota bullish on U.S. comeback
NEW YORK, Dec. 10 (UPI) -- A day of wild ups and downs ended with U.S. markets in positive territory Wednesday as lawmakers in Washington moved forward with help for automakers.
By close, the Dow Jones industrial average, down as late as 3 p.m., was up 0.81 percent, 70.09 points, to 8,761.42. The Standard & Poor's 500 gained 1.19 percent, or 10.57 points, to 899.24. The Nasdaq composite index was up 18.14 points, 1.17 percent, to 1,565.48.
On the New York Stock Exchange, 2,177 stocks advanced and 952 declined on volume of 6.6 billion shares traded.
The benchmark 10-year U.S. Treasury bond fell 14/32 to yield 2.696 percent.
The dollar was mixed. The euro rose to $1.3019, compared to Tuesday's $1.2929. Against the Japanese yen, the dollar rose to 92.63 yen, up from Tuesday's 92.12 yen.
In Tokyo, the Nikkei average gained 264.37 points to 8,660.24, up 3.15 percent.
In London, the FTSE 100 index fell 13.98 points, down 0.32 percent, to 4,367.28.
|
|
|
| Additional Business News Stories | |
WASHINGTON, Feb. 14 (UPI) --
White House critics say raising taxes on domestic energy is bad policy, though supporters counter the U.S. budget addresses the energy sea change.
|
WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
|
Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
|
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.
|
| Stories | Photos | People | Comments |
View Caption
