
NEW YORK, May 12 (UPI) -- U.S. markets were mixed Tuesday after the government said the international trade deficit rose to $27.6 billion in March, pushed by rising oil prices.
Economists had forecast an increase from February's $26.1 billion deficit to $28.9 billion. Although the rise was lower than expected, markets turned lower.
By close, the Dow Jones industrial average gained 50.34 points, or 0.6 percent, to 8,469.11. The Standard & Poor's 500 fell 0.1 percent, 0.89 points, to 908.35. The Nasdaq composite index shed 15.32 points, 0.88 percent, to 1,715.92.
On the New York Stock Exchange, 1,270 stocks advanced and 1,744 declined on a volume of 6.5 billion shares traded.
The benchmark 10-year U.S. Treasury bond rose 3/32 to yield 3.176 percent.
The euro rose to $1.3636, compared to Monday's $1.3584. Against the Japanese yen, the dollar fell to 96.51 yen, compared to Monday's 97.42 yen.
In Tokyo, the Nikkei average lost 153.37 points, 1.62 percent, to 9,298.61.
In London, the FTSE index lost 0.22 percent, 9.96, to 4,425.54 points.
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