December rally continues on US markets

Azerbaijan News.Net
Tuesday 6th January, 2009

US markets made modest gains Tuesday, extending the rally that began in late December.

By close, the Dow Jones industrial average rose 62.21 points to 9,015.10.

The Standard & Poor's 500 gained 7.24 points, to 934.69.

The Nasdaq composite index gained 24.35 points to finish at 1,652.38.

On the New York Stock Exchange, 2,460 stocks advanced and 682 declined on a volume of 5.5 billion shares traded.

The benchmark 10-year U.S. Treasury bond fell 3/32 to yield 2.486 percent.

The euro fell to $1.3507, compared to Monday's $1.3574. Against the Japanese yen, the dollar rose to 93.80 yen, up from Monday's 93.32 yen.

In Tokyo, the Nikkei average added 37.72 points to 9,080.84, up 0.42 percent.

The FTSE 100 index in London rose 1.29 percent, up 59.28 points to 4,638.92.

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