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 Posted: Fri 16:07, 22 Nov 2013 Post subject: 360.81. In Britain |
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Markets post light losses Monday, taking a breather from rally
NEW YORK, May 20 () -- Merger news failed to generate enough excitement to push U.S. markets into the black Monday.After a prolonged rally, stock gains took a breather. Economic data was scarce, but two online restaurant delivery services, GrubHub and Seamless, announced a merger. Generic drug firm Acvtivis said it would buy rival Warner Chilcott for $5 billion. And Royalty Pharma increased an offer for Irish drug firm Elan while scolding its board for numerous recent transactions that it said muddied the waters for shareholders.Despite the news,[url=http://www.tymarc.com/]christian louboutin sale[/url], markets plodded along. The Dow Jones industrial average shed 19.12 points or 0.12 percent to 15,335.28. The Standard & Poor's 500 gave up 1.18 points or 0.07 percent on the day to settle at 1,666.29. The Nasdaq composite index of tech-dominated stock shed 2.53 points or 0.07 percent to reach 3,496.43.On the New York Stock Exchange, 1,747 stocks advanced and 1,337 declined on a volume of 3.2 billion shares traded.The 10-year treasury note fell 4/32 to yield 1.967 percent.The U.S. dollar fell to 102.26 yen, up from Friday's 102.77 yen. The euro rose to $1.2884 from $1.2843.In Japan, the Nikkei 225 index gained 1.47 percent -- 222.69 points -- to 15,360.81. In Britain, the FTSE 100 index rose 0.48 percent, adding 32.57 points, to 6,755.63.Gold was up, adding $29.30 to $1,394 per troy ounce.West Texas Intermediate crude oil added 64 cents to $96.66 per barrel.On the Chicago Board of Trade, corn for July delivery lost 2 3/4 cents to $6.50 per bushel. Soybeans for July added 16 1/2 cents to $14.65. Wheat for July gained 2 cents to $6.85 1/4.
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