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Dow closes at 63-month high

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

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.

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