Zee News
India Edition |International Edition
March 20, 2010
         
US stocks pushed higher by oil, metal gains
Updated on Wednesday, November 18, 2009, 09:04 IST Tags:USstocksoil metal
Print this page Print E-mail E-Mail Bookmark and Share
New York: US stocks posted modest gains Tuesday amid a rise in commodity prices, continuing to push major indices to their highest levels in 13 months.

Crude oil rose 0.3 percent and metals like gold and copper rose, spurring gains in many commodities producers.

The gains overshadowed worse-than-expected government data on industrial production and a gloomy fourth-quarter outlook from retailer Home Depot.

The blue-chip Dow Jones Industrial Average gained 30.46 points, or 0.29 percent, to 10,437.42. The broader Standard and Poor's 500 Index added 1.02 points, or 0.09 percent, to 1,110.32. The technology-heavy Nasdaq Composite Index was up 5.93 points, or 0.27 percent, to 2,203.78.

The dollar climbed against the euro to 67.24 euro cents from 66.78 euro cents Monday and rose against the Japanese currency to 89.27 yen from 89.11 yen.

IANS


Toolbox
aPrint this pages
Post Your Comment     |    aAlert Moderator
Your comment(s) on this article