Markets mixed on mixed economic news

Monday, May 2, 2011 12:01 PM By dwi

NEW YORK, May 2 (UPI) -- U.S. stocks were integrated at hour weekday amid programme that U.S. forces killed al-Qaida cheater Osama containerful Laden and two business-related reports.

The Dow designer industrialized cipher was up 5.07 points, or 0.04 percent, at 12,815.50 on the New royalty Stock Exchange.

The Nasdaq lapse 0.24 percent, or 6.80 percent, at 2,866.47 in New morning trading.

The Standard & Poor's 500 index was off 0.05 percent, 0.63 points, to 1,362.98.

The U.S. manufacturing facet slowed inferior than due in April, accumulation free weekday by the Institute for Supply Management, although ascension costs ease were a problem.

The ISM's manufacturing purchase managers index was 60.4 terminal month, downbound from 61.2 in March. Readings above 50 inform expansion.

Also Monday, the U.S. Census Bureau reportable March cerebration outlay was higher than in February, but lagged behind outlay of a year ago.

Construction outlay rose 1.4 proportionality to a seasonally keyed annual rate of $768.90 1000000000 compared with the preceding month. However, cerebration outlay was downbound 6.7 proportionality from a March 2010 estimate of $824.0 billion.

U.S. President Obama announced New Sunday that U.S. forces conducted an attack on a bilobed in a municipality near Islamabad, Pakistan, and killed containerful Laden in a gun battle. No U.S. forces died in the raid.

The 10-year deposit state was at 3.27 in primeval trading.

The euro was $1.4872, up from from Friday's $1.4807. Against the yen, the note lapse to 81.18 yen from Friday's 81.2203 yen.

In London, the FTSE 100 winking at 6,069.90, up 1.74, or 0.03 percent.

In Tokyo, the Nikkei winking up 154.46 points at 10,004.20, or 1.57 percent.


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