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U.S. markets move higher

Jan. 23, 2013 at 5:34 PM   |   Comments

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NEW YORK, Jan. 23 (UPI) -- U.S. stock indexes rose in New York Wednesday with two major boards starting the day at five-year highs.

The Dow Jones industrial average and the Standard & Poor's 500 index closed at five-year peaks Tuesday and moved even higher Wednesday.

By close of trading Wednesday, the DJIA added 67.12 points or 0.49 percent to 13,779.33. The Nasdaq composite index gained 10.49 points or 0.33 percent to 3,153.67. The Standard and Poor's 500 added 2.25 points or 0.15 percent to 1,494.81.

On the New York Stock Exchange, 1,457 stocks advanced and 1,569 declined on a volume of 3.5 billion shares traded.

The 10-year treasury note rose 5/32 to yield 1.829 percent.

Against the dollar, the euro was $1.3316 from Tuesday's $1.3322. The dollar dropped against the yen, hitting 88.6 yen from 88.71 yen.

In Tokyo, the Nikkei 225 index lost 2.08 percent, 222.94 points, to 10,486.99.

In London, the FTSE 100 index gained 0.3 percent, 18.47 points, to 6,197.64.

© 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.
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