U.S. stock indexes were slightly lower Tuesday, after the Commerce Department said retail activity held its own in April.

The overall index for U.S. retail sales fell 0.2 percent on the month, but gained 2.0 percent over the previous year. But, total sales for February through April were 2.2 percent above a year ago.

The Dow Jones industrial average slid 29.23 points in mid-morning trading Tuesday to 12,847.08, off 0.23 percent. The Standard and Poor's 500 index fell 2.16 points to 1,401.42, off 0.15 percent. The Nasdaq composite index fell 4.07 points to 2,484.42, off 0.16 percent

The 10-year U.S. Treasury note fell 16/32 to yield 3.866 percent.

The euro traded at $1.5453 from Monday's $1.5537 and the dollar traded at 104.48 yen from Monday's 103.94 yen.

In Tokyo, the Nikkei index gained 210.37 points to 13,953.73, up 1.53 percent.

Copyright 2008 by United Press International


Publication date: 13 May 2008   

Source: UPI-1-20080513-10000800-bc-us-markets.xml

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