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Drones over U.S. may pose security risks
NEW YORK, Feb. 9 (UPI) -- U.S. markets swung higher Tuesday, recovering ground lost during a three-week trend that has investors concerned a 10 percent downward correction is in play.
The Dow Jones industrial average closed under 10,000 points for the first time in three months Monday, three weeks after hitting a recent peak of 10,725.43 on Jan. 19.
By close, the DJIA added 1.52 percent, 150.25 points, to 10,058.64. The Standard & Poor's 500 rose 1.3 percent, 13.78 points, to 1,070.52. The Nasdaq composite index rose 1.17 percent, 24.82 points, to 2,150.87.
On the New York Stock Exchange, 2,385 stocks advanced and 666 declined on a volume of 5.1 billion shares traded.
The benchmark 10-year U.S. Treasury bill fell 20/32 to yield 3.639 percent.
The euro rose to $1.3787 from Monday's $1.366. Against the yen, the dollar rose to 89.68 yen from Monday's 89.30 yen.
In Japan, the Nikkei 225 index lost 0.19 percent, 18.92 points, to 9,932.90.
In Britain, the FTSE 100 index gained 0.38 percent, 19.51, to 5,111.84.
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| Additional Business News Stories | |
VIENNA, Feb. 10 (UPI) --
Oil prices were expected to trend higher as an improved U.S. economy and geopolitical risk in the Middle East weigh on markets, OPEC said.
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ISLAMABAD, Pakistan, Feb. 10 (UPI) --
The last three of 18 new and upgraded F-16 fighter jets from the United States arrived in Pakistan, a report by the Indo-Asian News Service said.
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For the first time since the condo crash of 2007, Florida median existing condo prices came roaring back 2011, rising by a hefty 5 percent on a quarter-to-quarter basis....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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