Dallas Sun
DallasSun.com Saturday 31st July 2010 Edition 20100731
  • More Breaking Business News

  • Islamabad crash plane had no technical fault: Airblue CEO
  • $718 million deposits at LibertyBank seized by state regulator
  • Cowlitz and Bay Bank branches in Washington and Oregon closed
  • Coastal Community and Apalachicola State Bank closed
  • Centennial Bank takes over troubled Bayside Savings Bank
  • NorthWest Bank and Trust is terminated
  • Wall Street withstands lower GDP figure
  • Terminal 3 opened at Indira Gandhi International Airport
  • June quarter GDP comes in lower than expected
  • Google returns its servers to China
  • Italian parliament passes austerity bill
  • Iraqi power stations to be built by French firm
    Get Breaking Business News headlines emailed to you daily.

    Wall Street sidelined by dollar fall
    Dallas Sun
    Friday 12th March, 2010  


    The U.S. dollar was sharply weaker Friday as stocks drifted sideways.
    U.S. stocks were rebuffed Friday as investors focused on a sharply weaker dollar.

    A better-than-anticipated retail sales figure, an increase of 0.30% in February over January, buoyed markets but commodity-related stocks fell in line with the dollar. Gold and oil, and commodities generally were softer.

    At the close of trading Friday the Dow Jones Industrials were up 12.85 points or 0.12% at 10,624.69.

    The Nasdaq Composite was down 0.80 of a point or 0.03% at 2,367.66.

    The Standard and Poor's 500 was down 0.26 of a point or 0.02% at 1,149.98.

    On forex markets around the New York close Friday the euro was sharply higher at 1.3759. The British pound strengthened to 1.5184, while the Swiss franc was higher at 1.0581.

    The Australian dollar firmed to .9153, and the Canadian dollar to 1.0182. The Japanese yen was little changed at 90.40.

      Email this story to a friend

    Have your say on this story

    Your nickname (optional)
    Message