Business
U.S. markets up slightly Tuesday morning Washington | July 08, 2008 12:01:13 AM IST
U.S. stock indexes rose Tuesday in New York as oil prices continued to fall from the record set Friday. Oil prices have dropped more than $5.50 per barrel from Friday's record of $145.27, trading at $139.66 Tuesday morning on the New York Mercantile Exchange. In midmorning trading Tuesday, the Dow Jones industrial average was up 17.99 points to 12,249.95, up 0.16 percent. The Standard and Poor's 500 index rose 0.25 points to 1,252.56, up 0.02 percent. The Nasdaq composite index rose 9.11 points to 2,252.43, up 0.41 percent. The 10-year U.S. Treasury note fell 3/32 to yield 3.919 percent. The euro traded at $1.5674 from Monday's $1.5719, while the dollar traded at 107.36 yen from Monday's 107.15 yen. In Tokyo, the Nikkei index lost 326.94 points to 13,033.10, off 2.45 percent. (UPI)
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