Saturday, April 19th8.0°C
21417
20363

Stocks edge higher in abbreviated trading day after a jump in orders for manufactured goods

NEW YORK, N.Y. - An unexpectedly large increase in orders for manufactured goods helped push stock prices higher on Wall Street.

The market was open for just half a day ahead of the Christmas holiday. Trading will remain closed on Wednesday.

The Dow Jones industrial average rose 62 points, or 0.4 per cent, to close at 16,357 Tuesday.

The Standard & Poor's 500 index rose five points, or 0.3 per cent, to 1,833. The Nasdaq composite was up six points, or 0.2 per cent, at 4,155.

Trading was extremely light ahead of the holiday.

Homebuilder stocks rose after the government revised up new-home sales figures for the previous three months, a sign that housing may be regaining strength. Beazer Homes jumped 3 per cent.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.99 per cent.

The Canadian Press


Read more Business News

20970


Recent Trending




Today's Market
S&P TSX14500.39+53.87
S&P CDNX998.770.80
DJIA16408.54-16.31
Nasdaq4095.516+9.291
S&P 5001864.85+2.54
CDN Dollar0.90720.00
Gold1293.80-9.2999
Oil104.59+0.83
Lumber326.10-2.70
Natural Gas4.735+0.205

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.29+0.07
Cantex0.055+0.01
Anavex Life Sciences0.3750.00
Metalex Ventures0.08+0.005
Russel Metals30.66+0.11
Copper Mountain Mining2.35-0.07
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.25+0.02

 



17772

FEATURED Property
19010065636 Allenby Crescent
3 bedrooms 3 baths
$354,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Learning to flirt with the edge

With all of the adventure activities I have done and still do, I wonder sometimes if the edge still exists. The systematic approach to learning a new adventure or extreme activity combined with the r...


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...

_



21368

21641


Member of BC Press Council


21202