INQUIRER.net: US stocks mixed after mediocre China data

INQUIRER.net Philippine News for Filipinos

US stocks mixed after mediocre China data Jun 11th 2013, 01:00 NEW YORK—US stocks Monday finished the day mixed after Standard & Poor's raised its outlook for the US debt rating and lackluster economic data out of China.   The Dow Jones Industrial Average dropped 9.53 (0.06 percent) to 15,238.59.   The broad-based S&P 500 slipped 0.57 (0.03 percent) to 1,642.81, while the tech-rich Nasdaq Composite Index added 4.55 (0.13 percent) at 3,473.77.   Before trade opened S&P upgraded its debt rating outlook for the United States, saying there is now less than a one-in-three chance for a downgrade in the near term.   S&P cited a somewhat improved US political climate following the yearend 201... Keep on reading: US stocks mixed after mediocre China data Media files: Wall-Street3.jpg (image/jpeg)

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