Arab Today, arab today us markets push higher
Last Updated : GMT 03:25:41
Arab Today, arab today
Arab Today, arab today

US markets push higher

Arab Today, arab today

Arab Today, arab today US markets push higher

New York - UPI

US stock indexes pushed ahead tentatively Thursday after the Commerce Department nudged a gross domestic product estimate higher. The department estimated fourth quarter growth at 0.1 percent, a revision from a 0.1 percent contraction reported a month ago. In late morning trading, the Dow Jones industrial average added 0.12 percent, or 16.78 points, to 14,092.15, staying within reach of its all-time closing high of 14,164.63 points, which occurred in October 2007. The Standard and Poor\'s 500 added 2.86 points, or 0.19 percent, to 1,518.85. The Nasdaq composite added 9.16 points, or 0.29 percent, to 3,171.42. The 10-year US treasury rose 3/32 to yield 1.895 percent. Against the dollar the euro fell to $1.3079 from Wednesday\'s $1.3136. Against the yen, the dollar rose to 92.35 yen from 92.23 yen. In Tokyo, the Nikkei 225 soared, climbing 2.71 percent on a gain of 305.39 points, to 11,559.36.

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