facebook
twitter
rss
account
search
search
 

S&P on five-day streak

April 25, 2013 at 5:00 PM   |   Comments

| License Photo
NEW YORK, April 25 (UPI) -- U.S. stock indexes rose modestly Thursday with an early boost provided by a drop of first-time unemployment benefits claims.

The Labor Department said 16,000 fewer initial claims for benefits were filed in the latest week, dropping the total to 339,000.

The Dow Jones industrial average has wobbled recently, but the Standard & Poor's 500 rose for its fifth consecutive session, gaining 6.37 points or 0.4 percent to 1,585.16.

The DJIA added 24.50 points or 0.17 percent to 14,700.80. The Nasdaq composite index of tech-dominated stocks gained 20.33 points or 0.62 percent to 3,289.99.

On the New York Stock Exchange, 1,965 stocks advanced and 1,083 declined on a volume of 3.8 billion shares traded.

Gold gained $41.20 to reach $1,464.90 per troy ounce on the Comex division of the New York Mercantile Exchange. NYMEX West Texas Intermediate crude oil closed at $93.32 per barrel, up $1.89.

The 10-year U.S. treasury note fell 1/32 to yield 1.713 percent.

Against the dollar, the euro was lower at $1.3009 from Wednesday's $1.3016. Against the yen, the dollar fell to 99.32 yen from 99.50 yen.

The Nikkei 225 in Japan added 0.6 percent or 227.49 points to finish at 13,926.08.

The FTSE 100 index in Britain added 0.17 percent or 10.83 points to reach 6,442.59.

On the Chicago Board of Trade, corn for July delivery gained 6.75 cents to reach $6.25 per bushel. July soybeans added 24.75 cents to $13.70 and July wheat added 12.5 cents to settle at $7.0425.

© 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
Full steam ahead: Starbucks poised for deliveries Full steam ahead: Starbucks poised for deliveries
2
Elon Musk: We are 'summoning a demon' with artificial intelligence Elon Musk: We are 'summoning a demon' with artificial intelligence
3
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
4
U.S. Navy authorizes building of Common Missile Compartment tubes U.S. Navy authorizes building of Common Missile Compartment tubes
5
Raytheon supplying Japan with Phalanx upgrade kits Raytheon supplying Japan with Phalanx upgrade kits
Trending News
Around the Web
x
Feedback