usmarkets mixed in early trading
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

U.S.markets mixed in early trading

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Arab Today, arab today U.S.markets mixed in early trading

New York - UPI
U.S. markets stocks were mixed Wednesday morning after Eurostat said the eurozone's gross domestic product shrank in the fourth quarter of 2011. The gross domestic product for the eurozone as a region -- countries that use the euro as currency -- fell for the first time since the April through June stretch in 2009, when the eurozone economy shrank by 0.2 percent. Compared to the third quarter of 2011, the eurozone's GDP fell by 0.3 percent. Compared to the fourth quarter of 2010, the GDP rose by 0.7 percent, Eurostat said. In midmorning trading, the Dow Jones industrial average shed 34.02 points, or 0.26 percent, to 12,844.26. The Standard & Poor's 500 index added 1.12 points, or 0.08 percent, to 1351.62. The Nasdaq composite index was up 10.53 points, or 0.36 percent, to 2,942.32. The benchmark 10-year treasury note rose 4/32 to yield 1.928 percent. The euro fell to $1.308 from Tuesday's $1.3131. Against the yen, the dollar fell to 78.29 yen from Tuesday's 78.44 yen. In Tokyo, the Nikkei 225 index rose 2.3 percent, 208.27 points, to 9,260.34.
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