NST Online Business Times : latest

Posted: 18 Nov 2011 05:01 PM PST

NEW YORK: US equity markets closed mixed on Friday as the unresolved eurozone crisis and news of a deep partisan split in Congress's crucial deficit super-committee clouded positive economic data.

The Dow Jones Industrial Average rose 25.43 points (0.22 percent) to 11,796.16 in closing trade.

The broad-based S&P 500 edged down 0.48 point (0.04 percent) to 1,215.65, while the tech-heavy Nasdaq Composite shed 15.49 points (0.60 percent) to 2,572.50.

Markets got a slight lift from a jump in the Conference Board's index of leading economic indicators, providing more evidence that the economy has picked up speed.

But that optimism was overtaken by worries about the sovereign debt crisis rocking Europe.

"Another sign of strength in the US economy is being met with continued concerns surrounding the eurozone debt crisis, exacerbated by growing disagreement among European leaders regarding a proper solution," Charles Schwab analysts said.- AFP

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Kredit: www.nst.com.my

Jumaat, 18 November 2011

NST Online Business Times : latest

NST Online Business Times : latest

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