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Markets mixed at the close

Nov. 30, 2012 at 5:47 PM   |   Comments

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NEW YORK, Nov. 30 (UPI) -- U.S. stock indexes closed mixed Friday as the U.S. Commerce Department said consumer spending dropped 0.2 percent in October.

Personal incomes and disposable incomes were both flat in the month. The Bureau of Economic Analysis said Hurricane Sandy disrupted work, which derailed payroll gains that may have turned into spending.

By close of trading Friday, the Dow Jones industrial average was flat, adding 3.76 points or 0.03 percent to 13,025.58.

The tech-heavy Nasdaq index lost 1.79 points or 0.06 percent to 3,010.24. The Standard and Poor's 500 gained 0.23 points or 0.02 percent to 1,416.18.

On the New York Stock Exchange, 1,664 stocks advanced and 1,348 declined on a volume of 3.9 billion shares traded.

The 10-year treasury note was yielding 1.619 percent.

The euro rose to $1.2985 from Thursday's $1.2979. The dollar rose to 82.46 yen from 82.12 yen.

Japan's Nikkei 225 index climbed 0.48 percent, 45.13 points, to 9,446.01.

Britain's FTSE 100 index dropped 0.06 percent, 3.48 points, to 5,866.82.

© 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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