A
AALARD
Guest
Markets make some headway
NEW YORK, (UPI) -- U.S. stock markets steamed higher Wednesday, making up the ground lost during early trading in the previous trading session.
The Dow Jones industrial average, led by American Express Co.'s 3.14 percent gain, was firing on all cylinders with 30 of its 30 component stocks advancing.
The DJIA was ahead 169.23 points, 1.74 percent, to 9,912.85 in early afternoon trading. The Standard & Poor's 500 index gained 19.49, or 1.9 percent, to 1,047.55. The Nasdaq composite index of tech-dominated stock rose 1.79 percent, 37.47, to 2,132.84.
The benchmark 10-year treasury note dropped 10/32 to yield 2.97 percent.
The euro rose to $1.2641 from Tuesday's $1.2621. Against the yen, the dollar fell to 87.29 yen from Tuesday's 87.52 yen.
In Japan, the Nikkei 225 index lost 0.63 percent, 58.39, to 9,279.65.
In Britain, the FTSE 100 index rose 1 percent, 49.82, to 5,014.82.
NEW YORK, (UPI) -- U.S. stock markets steamed higher Wednesday, making up the ground lost during early trading in the previous trading session.
The Dow Jones industrial average, led by American Express Co.'s 3.14 percent gain, was firing on all cylinders with 30 of its 30 component stocks advancing.
The DJIA was ahead 169.23 points, 1.74 percent, to 9,912.85 in early afternoon trading. The Standard & Poor's 500 index gained 19.49, or 1.9 percent, to 1,047.55. The Nasdaq composite index of tech-dominated stock rose 1.79 percent, 37.47, to 2,132.84.
The benchmark 10-year treasury note dropped 10/32 to yield 2.97 percent.
The euro rose to $1.2641 from Tuesday's $1.2621. Against the yen, the dollar fell to 87.29 yen from Tuesday's 87.52 yen.
In Japan, the Nikkei 225 index lost 0.63 percent, 58.39, to 9,279.65.
In Britain, the FTSE 100 index rose 1 percent, 49.82, to 5,014.82.
