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Markets hold steady on Tuesday


Published: March 25, 2008 at 4:37 PM
NEW YORK, March 25 (UPI) -- U.S. stock indexes were mixed on a relatively calm business news day Tuesday.

The Conference Board announced the Consumer Confidence Index remained at a five-year low in March, hitting 64.5 on the month, but the news did not significantly rattle investor activity.

The Dow Jones industrial average fell 16.04 points by close Tuesday, down 0.13 percent to 12,532.60.

The Standard and Poor's 500 index gained 3.11 points to 1,352.99, up 0.23 percent.

The Nasdaq composite index of tech-dominated stocks rose 14.30 points to 2,341.05, up 0.61 percent.

On the New York Stock Exchange, 2,063 stocks advanced and 1,096 declined on a volume of 1.478 billion shares traded.

The 10-year U.S. Treasury note gained 13/32 to yield 3.511 percent.

The dollar weakened. The euro traded at $1.5616 Tuesday from Monday's $1.5422, while the dollar traded at 100.12 yen from Monday's 100.80 yen.

In Tokyo, the Nikkei average gained 265.13 points to 12,745.22, up 2.12 percent.

In London, the FTSE 100 index gained 188.10 points to 5,683.30, up 3.42 percent.


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