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Stock indexes end Friday session up

April 27, 2012 at 4:21 PM   |   Comments

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NEW YORK, April 27 (UPI) -- U.S. stocks closed up Friday after the Commerce Department said the U.S. gross domestic product rose 2.2 percent in the first quarter.

Although data made available over the next two months could cause the figure to be revised, the 2.2 percent gain was smaller than the fourth quarter's expansion of 3 percent, the department said.

The Dow Jones industrial average picked up 23.69 points, or 0.18 percent, to climb to 13,228.31.

The Nasdaq composite index gained 18.59 points, or 0.61 percent, to rise to 3,069.20.

The Standard and Poor's 500 index added 3.38 points, or 0.24 percent, to 1,403.36.

On the New York Stock Exchange, 2,037 issues advanced while 981 declined on volume of 3.479 billion shares.

The 10-year treasury note gained 2/32 to yield 1.935 percent.

The euro rose to $1.3243 from Thursday's $1.3224 while the dollar fell to 80.36 yen from Thursday's 80.99 yen.

In Tokyo, the Nikkei 225 lost 0.43 percent, 40.94, to 9,520.89.

In London, the FTSE 100 index added 0.49 percent, 28.39, to 5,777.11.

© 2012 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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