Dow and S&P 500 rise, Nasdaq falls
US stocks ended mixed n Friday with the Dow and S&P 500 moving higher.
The Dow rose 66.22 points, or 0.5 per cent, to 13212.04.
The Nasdaq fell 3.79 points, or 0.12 per cent, to 3091.57.
The S&P 500 was up 5.19 points, or 0.37 per cent, to 1408.47.
In news, personal consumption expenditure rose 0.8 per cent, according to the US Department of Commerce.
And the Chicago Business Barometer fell to 62.2 in March from 64 a month earlier, according to the Institute for Supply Management – Chicago.
In other news, Research in Motion reported after the closing bell on Thursday. Shares on Friday US$0.97, or 7.06 per cent, higher to US$14.70.
In Australia on Friday, the S&P/ASX 200 fell 2.7 points, or 0.06 per cent, to 4335.2 and the All Ords lost two points, or 0.05 per cent, to 4420.
Oil this morning was at US$103.52 per barrel and gold was at US$1674.30 per ounce. The Australian dollar was buying 104.41 US cents, 65.17 pence Sterling, 78.09 euro cents and 86.53 Japanese yen.
Published on: Monday, April 02, 2012blog comments powered by Disqus
Today on Switzer
Howard Bellin shares his tips on successful franchising and more.
Intentional or not, he was proved to have misled ICAC. Even then, he maintained the "I don't recall" defense.
US stocks have rallied for a third straight day, lifted by some positive economic and corporate earnings news, with Yahoo surging six per cent as it beat Wall Street forecasts.
Just when the stock market looked like it was heading down, good oil seems to be saying we're off to the races again!
Yellow Brick Road's Mark Bouris joins Switzer TV to discuss his views on the economy, the housing sector, his business and much more.