US Stocks Climb, Dow Briefly Reaches Positive 2010

New York, March 3 – US stock indices Tuesday ended slightly higher, paring gains that had pushed the Dow Jones Industrial Average into positive territory for 2010.

The mild gains came ahead of a highly anticipated monthly unemployment report and other economic data due out later this week.

The blue-chip Dow inched up 2.19 points, or 0.02 percent, to 10,405.98. The index closed down just 0.21 percent for the year.

The broader Standard and Poor’s 500 Index rose 2.6 points, or 0.23 percent, to 1,118.31. The technology-heavy Nasdaq Composite Index was up 7.22 points, or 0.32 percent, to 2,280.79.

The US currency fell against the euro to 73.48 euro cents from 73.68 Monday. The dollar dropped against the Japanese currency to 88.76 yen from 89.1 yen the previous day.

Posted by Vamban on Mar 3, 2010 @ 4:34 AM Filed under America, World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry