upi.com
Jul 9, 2008
NEW YORK, July 9 (UPI) -- U.S. stock markets burst into positive territory Wednesday morning following a four day slide in crude oil prices. Crude oil prices, at $136.21 per barrel, rose slightly Wednesday, but have fallen from Friday's more than $145 per barrel. In mid-morning trading Wednesday, the Dow Jones industrial average was rose 152.25 points to 11,384.21, up 1.36 percent. The Standard & Poor's 500 index gained 21.39 points to 1,273.70, up 1.71 percent. The Nasdaq composite index rose 2.28 percent to 2,294.44, up 51.12 points. The 10-year U.S. Treasury note fell 9/32 to yield 3.923 percent. The dollar fell. The euro traded at $1.5708 from Tuesday's $1.5655, while the dollar traded at 107.47 yen from Monday's 107.48 yen. In Tokyo, the Nikkei index gained 19.03 points to 13,052.13, up 0.15...
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