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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, July 6 (UPI) -- U.S. markets were mixed Monday on a light post-holiday trading day, following Thursday's decline triggered by news the jobless rate hit 9.5 percent in June.
By close, the Dow Jones industrial average gained 44.87 points or 0.53 percent to 8,324.87. The Standard & Poor's 500 gained 2.30, or 0.26 percent, to 898.72. The Nasdaq composite index lost 9.12, or 0.51 percent, to 1,787.40.
On the New York Stock Exchange, stocks advanced and stocks declined on a volume of 3.8 billion shares traded.
The benchmark 10-year U.S. Treasury bond fell 2/32 to yield 3.51 percent.
The euro rose to $1.3983, compared to Thursday's $1.3979. Against the Japanese yen, the dollar rose to 95.36 yen, compared to Thursday's 95.34 yen.
In Tokyo, the Nikkei average lost 135.20 points to 9,680.87, off 1.38 percent.
In London, the FTSE 100 index lost 41.37 points, 0.98 percent, to 4,194.91.
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SYDNEY, Feb. 13 (UPI) --
Researchers in Australia are developing a solar roof system that uses wasted energy to warm air and water.
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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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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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