Bank Of Baku

World market indices mixed

World market indices mixed
# 23 April 2009 09:56 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. Nagging worries about banks upended a stock market rally Wednesday.
According to preliminary calculations, the Dow fell 82.99, or 1 percent, to 7,886.57.
Broader market measures were mixed. The Standard & Poor’s 500 index fell 6.53, or 0.8 percent, to 843.55, while the Nasdaq composite index rose 2.27, or 0.1 percent, to 1,646.12.
In other trading, the Russell 2000 index of smaller companies rose 0.66, or 0.1 percent, to 470.71.
Rising stocks outpaced those that fell by about 8 to 7 on the New York Stock Exchange, where volume came to 1.8 billion shares.
Bond prices fell, sending the yield on the 10-year Treasury note up to 2.95 percent from 2.90 percent late Tuesday.
The dollar was mixed against other major currencies, while gold prices rose.
Overseas, Britain’s FTSE 100 rose 1.1 percent, Germany’s DAX index rose 2.1 percent, and France’s CAC-40 rose 1.7 percent. Japan’s Nikkei stock average rose 0.18 percent.
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