U.S. markets mixed Monday

Published: July 6, 2009 at 5:38 PM
Federal Reserve cuts interest rates as markets react in New York

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.

© 2009 United Press International, Inc. All Rights Reserved.
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