Business News
Dow and S&P 500 rise, Nasdaq falls
by Andrew Newton Brown
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.
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Published on: Monday, April 02, 2012
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