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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Nov. 11 (UPI) -- U.S. market gains held up Wednesday with shares trading higher in home construction, airlines and marine transportation.
Veterans Day, a bank holiday, turned into the market's sixth straight day of gains.
By close, the Down Jones industrial average added 44.29 points, 0.43 percent, to 10,291.26. The Standard & Poor's 500 rose 5.50 points, 0.5 percent, to 1,098.51. The Nasdaq composite index climbed 0.74 percent, 15.82 points, to 2,166.90.
On the New York Stock Exchange, 1,875 stocks advanced and 1,129 declined on a volume of 4.2 billion shares traded.
The benchmark 10-year U.S. Treasury rose 2/32 Tuesday to close at 3.478 percent.
The euro rose to $1.498 from Tuesday's $1.4979. Against the yen, the dollar fell to 89.83 yen from Tuesday's 89.85 yen.
In Japan, the Nikkei 225 index rose 0.01 percent, 0.95, to 9,871.68.
In London, the FTSE 100 index rose 0.69 percent, 36.20, to 5,266.75.
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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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