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Wall Street markets mixed Friday

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(UPI Photo Files) 
Published: July 17, 2009 at 4:45 PM
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NEW YORK, July 17 (UPI) -- U.S. markets were flat Friday despite positive news from two large banks that have struggled throughout the financial crisis.

Bank of America reported second quarter profits reached $3.2 billion, while Citigroup said profits reached $4.3 billion April through June, The New York Times reported.

By close, the Dow Jones industrial average extended a positive streak through a fifth day, gaining 32.12 points, 0.37 percent, to 8,743.94. The Standard & Poor's 500 fell 0.04 percent, 0.36 points, to 940.38. The Nasdaq index added 1.58 points, 0.08 percent, to 1,886.61.

On the New York Stock Exchange, 1,438 stocks advanced and 1,499 declined on a volume of 5.1 billion shares traded.

The benchmark 10-year Treasury note fell 21/32 to yield 3.655 percent.

The euro fell to $1.4106, compared to Thursday's $1.4142. Against the yen, the dollar rose to 94.23 yen, compared to Thursday's 93.78 yen.

In Japan, the Nikkei 225 rose 0.55 percent, 51.16 points, to 9,395.32.

In London, the FTSE 100 index rose 0.62 percent, 26.91 points, to 4,388.75.

© 2009 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

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