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Auto Outlook: Toyota bullish on U.S. comeback
NEW YORK, Jan. 8 (UPI) -- U.S. markets were mixed Thursday on weak employment news and Macy's announcement that it would close 11 stores due to a downturn in sales.
Wal-Mart reported December sales were below expectations, with sales rising only 0.1 percent at its Sam's Club warehouse stores.
By close, the Dow Jones industrial average fell 27.24 points, or 0.31 percent, to 8,742.46. The Standard & Poor's 500 rose 0.34 percent, or 3.08 points, to 909.73. The Nasdaq composite index gained 17.95 points, or 1.12 percent, to 1,617.01.
On the New York Stock Exchange, 1,911 stocks advanced and 1,177 declined on a volume of 5.4 billion shares traded.
The benchmark 10-year U.S. Treasury bond rose 14/32 to yield 2.45 percent.
The euro rose to $1.3723, compared to Wednesday's $1.363. Against the Japanese yen, the dollar fell to 91.07 yen, down from Wednesday's 92.66 yen.
In Tokyo, the Nikkei average dropped 362.82 points to 8,876.42, down 3.93 percent.
In London, the FTSE 100 index fell 0.05 percent, down 2.14 points, to 4,505.37.
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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.
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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.
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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....
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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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