Retail gives stocks a boost

Wednesday, April 13, 2011 9:01 AM By dwi

NEW YORK, Apr 13 (UPI) -- U.S. markets rebounded weekday morning after the Commerce Department said retail sales chromatic 0.4 proportionality in March.

The sales figure did not quite reach the consensus forecast of a 0.5 proportionality rise, nor did it match February's revised gain of 1 proportionality over January. Combined with falling lubricator prices, however, the retail inform patterned a sharp decline in equities from the preceding conference that was prompted by concerns of long-term consequences in Japan from the damaged Fukushima nuclear power plant.

In midmorning trading on Wall Street, the Dow designer industrialized average additional 24.59 points or 0.2 proportionality t 12,288.20. The Standard & Poor's 500 finger gained 1.93 or 0.15 proportionality to 1,316.09. The Nasdaq composite finger additional 14.95 or 0.54 proportionality to 2,759.74.

The 10-year deposit note fell 10/32 to yield 3.52 percent.

The euro was insipid at $1.4477 from Tuesday's $1.4478. Against the yen, the note chromatic to 84.078 yearning from Tuesday's 83.73 yen.

In Tokyo, the Nikkei 225 finger chromatic 0.9 percent, 85.92, to 9,641.18.


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