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Exxon barred from Iraqi oil, gas auction
NEW YORK, Nov. 10 (UPI) -- U.S. markets wavered Tuesday after a strong rally Monday that sent the Dow Jones industrial average up 203 points.
A day with no major government reports to ponder leaves investors to fend for themselves. Reports positive and negative -- the gross domestic product up 3.5 percent in third quarter versus rising unemployment -- have not stopped markets from steaming ahead in recent sessions.
Tuesday was more tentative.
In early afternoon trading, the DJIA gained 0.2 percent, 20.03 points, to 10,246.97. The Standard & Poor's 500 lost 0.01 percent, 0.07 points, to 1,093.01. The Nasdaq composite index shed 0.14 percent, 2.98 points, to 2,151.08.
On the New York Stock Exchange, 1,269 stocks advanced and 1,748 declined on a volume of 4.3 billion shares traded.
The benchmark 10-year U.S. Treasury lost 2/32 to yield 3.478 percent.
The euro fell to $1.4982 from Monday's $1.4988. Against the yen, the dollar fell to 89.83 yen from Monday's 90.01 yen.
In Japan, the Nikkei 225 index rose 0.63 percent, 61.74, to 9,870.73.
In Britain, the FTSE 100 index lost 0.09 percent, 4.63 points, to 5,230.55.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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ARLINGTON, Va., Feb. 14 (UPI) --
The proposed U.S. budget, with its envisaged $487 billion defense spending cuts over 10 years, is seen as a "direct hit" on the aerospace and defense industry.
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Compared to whites, greater shares of both black and Hispanic young adults say owning their own home is among their top priorities. While 25 percent of blacks and 26 percent of Hispanics say owning a home is of the highest importance in their lives,...
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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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