facebook
twitter
rss
account
search
search
 

Stocks close Friday session mixed

Jan. 18, 2013 at 4:51 PM   |   Comments

NEW YORK, Jan. 18 (UPI) -- U.S. stock indexes closed mixed Friday in New York as concern of the next phase of budget talks in Washington distracted Wall Street.

The Dow Jones industrial average added 53.68 points, 0.39 percent, to advance to 13,649.70 in late afternoon trading. The Nasdaq composite index lost 1.30 points or 0.04 percent, to slip to 3,134.71. The Standard and Poor's 500 picked up 5.40 points or 0.34 percent to 1,485.98.

House Republicans said they may back a short-term debt-ceiling increase that would force lawmakers and the White House to face the current debt-ceiling crisis in two months, when it also faces $85 billion in across-the-board spending cuts that were delayed until March 1 in a "fiscal cliff" compromise.

In addition, a temporary joint congressional resolution that keeps the federal government operational expires March 27.

On the New York Stock exchange, the total volume of shares was 3.79 billion shares with advancers ahead of decliners 1,115 to 1,490.

The 10-year treasury note yielded 1.842 percent.

Against the dollar, the euro was $1.3315 from Thursday's $1.3328. The dollar gained against the yen, hitting 90.08 yen from 89.87 yen.

In Tokyo, the Nikkei 225 index gained 2.86 percent, 303.66 points, to 10,913.30.

In London, the FTSE 100 index added 0.36 percent, 22.05 points, to 6,154.41.

© 2013 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.
Most Popular
1
New Navy sub ready for outfitting, testing New Navy sub ready for outfitting, testing
2
New F-35 sustainment system undergoing flight testing New F-35 sustainment system undergoing flight testing
3
Apple to authorities: No iPhone user data, even with a warrant Apple to authorities: No iPhone user data, even with a warrant
4
Scrap South Stream, Europe says Scrap South Stream, Europe says
5
Home Depot says 56M credit, debit cards compromised Home Depot says 56M credit, debit cards compromised
Trending News
Video
x
Feedback