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Markets closed mixed as year's end nears

Dec. 30, 2013 at 5:08 PM   |   Comments

NEW YORK, Dec. 30 (UPI) -- U.S. markets closed mixed Monday with the Dow Jones industrial average notching a new closing high and the Standard & Poor's 500 dropping less than a point.

The penultimate trading session for 2013 has markets poised to close out the year with the best performance in more than a decade with the Dow up 24 percent on the year and the S&P up 27 percent.

On Monday, the Dow added 25.88 points, or 0.16 percent, to reach 16,504.29. The Standard & Poor's 500 index, shed 0.33 points, or 0.02 percent, to close at 1,841.07. The Nasdaq composite index of tech-dominated stocks shed 2.40 points, or 0.06, percent 4,154.20

On the New York Stock Exchange, 1,530 issues advanced while 1,582 declined. Trading was light with 2.2 billion shares trading hands two days before the New Year's Day break.

Tokyo's Nikkei 225 added 0.69 percent, or 112.37 points, to hit 16,291.31. In Europe, London's FTSE 100 shed 19.60 points, 0.29 percent, to settle at 6,731.27.

The 10-year U.S. treasury rose 8/32 to yield 2.975 percent.

The euro traded higher at $1.38 and the dollar was slightly lower against the yen at 105.11 yen.

Gold gave up $18.40, falling to $1,195.60 per troy ounce. Silver lost 47.4 cents, slipping to $19.565.

Crude oil was off $1.10 at $99.21 per barrel.

On the Chicago Board of Trade, March corn was off 4 cents to $4.23 1/2 a bushel. March soybeans shed 5 1/2 cents to $13.08 1/4 and March wheat lost 8 3/4 cents to $6.00 1/4.

© 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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