NEW YORK, Sept. 12 (UPI) -- U.S. stocks were up, as was the dollar, as Goldman Sachs reported higher than expected net income for the third quarter.
The Dow Jones industrial average was up 101.09 or 0.89 percent to 11,497.93 on a volume of 1.4 billion shares. The Nasdaq composite rose 42.57 or 1.96 percent to 2,215.82, and the Standard & Poor's 500 gained 13.52 or 1.04 percent to 1,313.06.
The New York financial giant reported per share net income of $3.45, higher than the consensus $2.98. Meanwhile, the price of oil dropped to $63.76 per barrel.
The benchmark 10-year Treasury note lost 5/32, lifting its yield to 4.823 percent.
The dollar rose, hitting 117.76 yen from 117.59 as the euro fell to $1.2689 from $1.2702.
Tokyo's Nikkei 225 closed at 15,719.34 on a fall of 75.04 or 0.48 percent, and London's FTSE 100 settled at 5,895.50 after gaining 44.70 or 0.76 percent.
