Africa Leader
AfricaLeader.com Saturday 11th February 2012 Edition 067/2012
Follow us on Follow us on TwitterFollow us on facebook
  • More Africa News

  • UN-backed report warns of dangers of increasing electronic waste in West Africa
  • Libya: UN calls for justice after killings of displaced persons
  • UN welcomes charges against army colonel over mass rapes in Guinea
  • Ban urges Sudan and South Sudan to make compromises on unresolved disputes
  • Zuma's Plan for South Africa Wins Support
  • US stocks drop on Greece worries
  • Kellan Lutz wants more 'Twilight' film
  • Oscar is boring: Dustin Hoffman
    Get Africa News headlines emailed to you daily.

    Wall Street sidelined by dollar fall
    Africa Leader
    Friday 12th March, 2010  


    U.S. stocks were rebuffed Friday as investors focused on a sharply weaker dollar.

    A better-than-anticipated retail sales figure, an increase of 0.30% in February over January, buoyed markets but commodity-related stocks fell in line with the dollar. Gold and oil, and commodities generally were softer.

    At the close of trading Friday the Dow Jones Industrials were up 12.85 points or 0.12% at 10,624.69.

    The Nasdaq Composite was down 0.80 of a point or 0.03% at 2,367.66.

    The Standard and Poor's 500 was down 0.26 of a point or 0.02% at 1,149.98.

    On forex markets around the New York close Friday the euro was sharply higher at 1.3759. The British pound strengthened to 1.5184, while the Swiss franc was higher at 1.0581.

    The Australian dollar firmed to .9153, and the Canadian dollar to 1.0182. The Japanese yen was little changed at 90.40.


      Email this story to a friend

    Have your say on this story

    Your nickname (required)
    Message