KhbarExpresswww.khabarexpress.com

Download Trial of Jewellery Accounting Software

Welcome Guest Sign In New user! Sign Up Now

Search any word's definition online at pelagiandictionary.com

Search Photo  
RSS Wednesday, February 15, 2012


US stocks gain on financial firms
10 Mar 2010, 10-0 Hrs

New York, March 10 (DPA) Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year.


Add comment          Mail          Print          Write to Editor


New York, March 10 (DPA) Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past year.

Boeing, General Electric, AT&T and United Technologies also saw their shares rise during the trading day. Boeing's gains came after rivals EADS and Northrop Grumman late Monday pulled out of a bid for a lucrative Air Force contract to build aerial refuellers.

Financials American International Group (AIG), Citigroup and mortgage companies Fannie Mae and Freddie Mac all posted strong rallies. There was no clear reason for the sudden gains.

The blue-chip Dow Jones Industrial Average added 11.86 points, or 0.11 percent, to 10,564.38. The broader Standard and Poor's 500 Index gained 1.95 points, or 0.17 percent, to 1,140.45. The technology-heavy Nasdaq Composite Index rose 8.47 points, or 0.36 percent, to 2,340.68.

The mild rally came one year after the S&P 500 hit a 12-year low at the height of the recession. The index has since climbed 69 percent.

The US currency edged up against the euro to 73.53 euro cents from 73.44 euro cents Monday. But the dollar fell against the Japanese currency to 89.99 yen from 90.25 yen.




Discuss this story on KhabarExpress Forum  


Pelagian Dictionary

stocks
gain
financial
firms


Comments to this News

Be the first to comment on this News


 
Post Your Comments to this News
 Posting Rules
 
  Name: Email:
 

Top Story of The Day
Latest Articles

Jain Calendar Launched at Terapanth Bhawan, Gangasahar




Education Special

All right reserved by Khabarexpress.com
Contact Us | Archives | Sitemap | Can't see Hindi ? | News Ticker
Special Edition: Lakshchandi Mahayagya, Camel Festival 2007, Vartmaan Sahitya, Nagar Ek - Nazaare Anek, Bikaner Udyog Craft Mela
Our Network rajb2b.com | khabarexpress.com | uniqueidea.net | PelagianDictionary.com | hindinotes.com
Developed & Designed by Pelagian Softwares