US stocks rise on improved consumer confidence | india | Hindustan Times
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US stocks rise on improved consumer confidence

US stocks posted modest gains on Tuesday after a private survey showed improved consumer confidence. The New York-based Conference Board's index of consumer confidence climbed to 52.5 from 46.4 in February. The index stood at 56.5 in January.

india Updated: Mar 31, 2010 13:12 IST

US stocks posted modest gains on Tuesday after a private survey showed improved consumer confidence.

The New York-based Conference Board's index of consumer confidence climbed to 52.5 from 46.4 in February. The index stood at 56.5 in January. A separate index of home prices also climbed more than expected.

The blue-chip Dow Jones Industrial Average added 11.56 points, or 0.11 per cent, to 10,907.42. The broader Standard and Poor's 500 Index was virtually unchanged, gaining 0.05 points, to 1,173.27. The technology-heavy Nasdaq Composite Index rose 6.33 points, or 0.26 per cent, to 2,410.69.

The US currency gained against the euro to 74.56 euro cents from 74.19 euro cents on Monday. The dollar climbed against the Japanese currency to 92.8 yen from 92.46 yen the previous session.