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Markets close mixed

May 10, 2012 at 5:48 PM   |   Comments

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NEW YORK, May 10 (UPI) -- Stocks on Wall Street closed mixed Thursday with the Dow Jones industrial average up 64 points after a six-day slump.

Markets were mixed in Asia, but higher across Europe, giving markets some traction in New York despite a government report that said the U.S. trade deficit rose from $45.4 billion to $51.8 billion in March.

By close of trading, the DJIA gained 19.98 points, or 0.16 percent, to 12,855.04, ending a six-day losing streak. The tech-heavy Nasdaq composite index lost 1.07 points, or 0.04 percent, to 2,933.64. The Standard & Poor's 500 index added 3.41 points, or 0.25 percent, to 1,357.99.

On the New York Stock Exchange, 1,894 stocks advanced and 1,127 declined on a volume of 3.5 billion shares traded.

The 10-year benchmark treasury note rose 3/32 to yield 1.865 percent.

The euro rose to $1.2934 from Wednesday's $1.293. Against the yen, the dollar rose to 79.92 yen from 79.63 yen.

In Tokyo, the Nikkei 225 index lost 35.41 percent, 0.39, to 9,009.65.

In London, the FTSE 100 index gained 0.25 percent, 13.90, to 5,543.95.

© 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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