U.S. markets move higher Monday

Sept. 13, 2010 at 5:23 PM
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NEW YORK, Sept. 13 (UPI) -- U.S. markets rose to start the week Monday and gains were made in Asia and Europe.

Equities have defied dour predictions made in August when they were on a downswing.

At close Monday, on a day with no major government reports on the economy, the Dow Jones industrial average added 81.36 points, 0.78 percent, to 10,544.13. The Standard & Poor's 500 index rose 12.35, 1.11 percent, to 1,121.90. The Nasdaq composite index added 43.23, 1.93 percent, to 2,285.71.

On the New York Stock Exchange, 2,297 stocks advanced and 725 declined on a volume of 3.1 billion shares traded.

The benchmark 10-year Treasury note gained 13/32 to yield 2.75 percent.

The euro rose to $1.288 compared to Friday's $1.2711. Against the yen, the dollar fell to 83.62 yen from Friday's 84.2 yen.

In Japan, the Nikkei 225 index rose 82.65, 0.89 percent, to 9,321.82.

In Britain, the FTSE 100 index gained 63.89, 1.16 percent, to 5,565.53.

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