The Joplin Globe, Joplin, MO

Business

August 10, 2012

Wishy-washy stock market ends slightly higher

NEW YORK — After trading slightly lower most of the day, major stock indexes edged up in late trading to close slightly higher.

The Dow Jones industrial average is closing up 43 points to 13,208. The Standard & Poor’s 500 is up three to 1,406. The Nasdaq composite is up two to 3,021.

There was little in the way of major economic news to move the market decisively either way, and trading volume was low at about 2.7 billion.

On the New York Stock Exchange, shares were split almost evenly between those that advanced and those that fell. For every eight shares that rose, about seven fell.

China reported slowing growth for its exports, thanks to lower demand from its largest trading partner, the European Union.

 

1
Text Only
Business
Poll

Would you use a community safe room when the area is under a tornado warning?

Yes.
No.
     View Results
Facebook
Twitter Updates
Follow us on twitter
NDN Video
Obama Hopeful on Ukraine, Will Watch Russians Flamingo Frenzy Ahead of Zoo Construction Crew Criticized Over Handling of Ferry Disaster Agreement Reached to Calm Ukraine Tensions Raw: Pope Francis Performs Pre-easter Ritual Raw: Bulgarian Monastery Dyes 5000 Easter Eggs Diplomats Reach Deal to Ease Tensions in Ukraine U.S. Sending Nonlethal Aid to Ukraine Military Holder: Americans Stand With KC Mourners Obama Greets Wounded Warriors Malaysia Plane: Ocean Floor Images 'Very Clear' Sparks Fly With Derulo and Jordin on New Album Franco Leads Star-studded Broadway Cast Raw: Two Lucky Kids Get Ride in Popemobile Boston Bombing Survivors One Year Later Sister of Slain MIT Officer Reflects on Bombing