UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Dow closes at 63-month high

|
 
Published: Jan. 29, 2013 at 5:29 PM

NEW YORK, Jan. 29 (UPI) -- The Dow blue chip index closed at a 63-month high Tuesday in New York, just shy of the 14,000-point mark, as it added 72 points to this year's rally.

Overall, U.S. stock indexes were mixed after reports of lower consumer confidence and higher home prices year-to-year.

By close of trading, blue chip stocks on the Dow Jones industrial average produced a solid gain, adding 75.59 points or 0.54 percent to 13,957.52. The Nasdaq composite of tech-oriented stocks lost 0.54 points or 0.02 percent to 3,153.76. The Standard and Poor's 500 index added 7.87 points or 0.52 percent to 1,508.05.

On the New York Stock Exchange, 1,708 stocks advanced and 1,308 declined on a volume of 2.5 billion shares traded.

The Conference Board said Tuesday its consumer confidence index fell in January for the third consecutive month. The S&P/Case-Shiller home price index slipped marginally month-to-month in November, but posted strong gains over November 2011.

The 10-year treasury note fell 10/32 to yield 1.997 percent.

Against the dollar, the euro rose to $1.3488 from Monday's $1.3455. The dollar fell to 90.72 yen from Monday's 90.85 yen.

In Tokyo, the Nikkei 225 index added 0.39 percent, 42.41 points, to 10,866.72.

In London, the FTSE 100 index gained 0.71 percent, 44.78 points, to 6,339.19.

Recommended Stories
© 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.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 16
Tornadoes Devastate Moore, Oklahoma
View Caption
A damaged movie theater is seen in aftermath of a series of tornadoes in Moore, Oklahoma, May 21, 2013. On May 20 a series of tornadoes swept through severals towns south of Oklahoma City leaving a path of destruction and killing at least 24 people. UPI/J.P. Wilson
fark
We secretly replaced the person in charge of delivering the opening prayer at the House of Representatives...
News: Man commits suicide by driving off a cliff. Fark: Doesn't get discovered for 26 years
Old and busted: Latte foam art. New hotness: 3D latte foam art
Deposed Girls Gone Wild founder Joe Francis says his "retarded jury" should be "shot dead". Oh,...
North Carolina school on lock down after seven arrested in Dihydrogen Monoxide attack
"Crowdfunding" is a method to finance projects. Like publishing games, designing prototypes, releasing...