1.
U.S. markets recover from steep losses
NEW YORK, Feb. 8 (UPI) -- U.S. stock gains were muted Wednesday as investors focused on negotiations in Greece.
Greece kept up negotiations on several fronts in an attempt to piece together financial reform measures to qualify for a new round of international aid.
Some analysts say the deadline for full compliance with international mandates is soon, given a bailout needs to be in Greece's procession by March 20 or the country could go into default.
By close of trading Wednesday, the Dow Jones industrial average added 5.75 points -- 0.04 percent -- to 12,833.95. The Standard and Poor's 500 index gained 2.91 points, 0.22 percent, to 1,349.96. The tech-heavy Nasdaq composite index tacked on 11.78 points, 0.41 percent, to 2,915.86.
On the New York Stock Exchange, 1,763 stocks advanced and 1,284 declined on a volume of 3.9 billion shares traded.
The 10-year treasury note rose 1/32 to yield 1.984 percent.
The euro fell to $1.3258 from Tuesday's $1.3261. Against the yen, the dollar rose to 77.04 from Tuesday's 76.77 yen.
In Tokyo, the Nikkei 225 index gained 1.1 percent, 98.07 points, and reached 9,015.59.
In London, the FTSE 100 index shed 0.24 percent, 14.33, to 5,875.93.
|
|
|
|
|
|
| Additional Business News Stories | |
JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
|
LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption
