Skip navigation.
Fri Feb 12 14:17:16 2010 [Write for us] | [Login/Register]
Home

U.S. markets finish strong Monday

user warning: Duplicate entry '985101' for key 1 query: INSERT INTO accesslog (title, path, url, hostname, uid, sid, timer, timestamp) values('U.S. markets close up for 2nd week', 'node/90896', 'http://themoneytimes.com/tags/market', '207.241.228.148', 0, '9efa52b375c4e67dc259374ecaa1bb16', 249, 1266002174) in /home/themoney/public_html/modules/statistics/statistics.module on line 64.

New York -- U.S. markets headed higher Monday as the Commerce Department said retail sales in October were stronger than expected.

October's retail report showed a 1.4 percent gain for the month, more than 50 percent better than the 0.9 percent gain economists predicted.

By close, the Dow Jones industrial average added 136.49 points, 1.33 percent, to 10.406.96. The Standard & Poor's 500 rose 1.45 percent, 15.82, to 1,109.30. The Nasdaq composite index added 29.97 to 2,197.85, up 1.38 percent.

On the New York Stock Exchange, 2,485 stocks advanced and 576 declined on a volume of 4.5 billion shares traded.

The benchmark 10-year U.S. Treasury bill rose 20/32 to yield 3.349 percent.

The euro rose to $1.4971 from Friday's $1.4921. Against the yen, the dollar fell to 89.09 yen from Friday's 89.67 yen.

In Tokyo, the Nikkei 225 index rose 0.21 percent, 20.87, to 9,791.18.

In London, the FTSE 100 index rose 1.63 percent, 86.29, to 5,382.67.

Copyright 2009 by United Press International.

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

Recent comments

The Money Times on Facebook

User login