Bank Of Baku

US, European indices move up

US, European indices move up
# 27 January 2009 09:08 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. Wall Street yesterday managed an advance the hard way — zigzagging on a mix of earnings and economic news before closing moderately higher.
The Dow Jones Industrial Average rose 38.47,or 0.48 percent, to 8,116.03, after briefly moving into negative territory.
The Standard & Poor’s 500 index rose 4.62, or 0.56 percent, to 836.57, and the Nasdaq composite index rose 12.17, or 0.82 percent, to 1,489.46.
Light, sweet crude slipped 74 cents to settle at $45.73 on the New York Mercantile Exchange.
Japan’s Nikkei stock average fell 0.08 percent. Britain’s FTSE 100 rose 3.86 percent, Germany’s DAX index rose 3.54 percent, and France’s CAC-40 jumped 3.73 percent.
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THE OPERATION IS BEING PERFORMED