U.S. stock indexes start day up
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Tue, 26 Jun 2007 14:30:00 GMT |
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NEW YORK, June 26 U.S. stock indexes began Tuesday higher on the New York Stock Exchange in advance of anticipated information on new home sales and consumer confidence.The Dow Jones industrial average rose 64.21 points, up 0.48 percent, to 13,403.34 in mid-morning trading. The Standard & Poor's 500 added 7.30 points, or 0.49 percent, to 1,505.04. The Nasdaq Composite Index gained 13.42 points, or 0.52 percent, to 2590.50.A report on annual new home sales was expected to show a slower pace in May after a bounce in April. Traders also were waiting for the Conference Board's June consumer confidence index, which they expect to slip from May's level, The Wall Street Journal reported.Stocks advanced on the New York Stock Exchange in mid-morning activity, as 1,930 stocks gained and 731 declined, on volume of 73 million shares traded on the exchange.The 10-year U.S. Treasury note was up 62.5 cents for every $1,000 invested, to yield 5.080 percent.The dollar began the day week. The euro was at $1.3469 from $1.3465 late Monday, while the dollar was at 123.11 yen from 123.58 yen.The Nikkei 225 Average finished the day 0.1 percent lower at 18.066.Copyright 2007 by UPI
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