Tuesday, December 28, 2010
Dow, S&P close higher as energy rallies
The Dow and S&P 500 rose in light trading, extending December's rally, as cold weather in the Northeast lifted oil prices and energy shares.
The Dow Jones industrial average was up 20.51 points, or 0.18 percent, at 11,575.54. The Standard & Poor's 500 Index was up 0.99 point, or 0.08 percent, at 1,258.53. The Nasdaq Composite Index was down 4.39 points, or 0.16 percent, at 2,662.88.
European shares closed higher in thin holiday trade, bouncing from the previous session's selloff and adding modestly to the December rally.The FTSEurofirst 300 closed up 0.3 percent at 1,140.31 points and remains on track for its biggest monthly gain since March, bouncing from Monday's 0.9 percent fall in reaction to China's weekend interest rate rise.
The benchmark Nikkei finished the day down 63.36 points at 10,292.63. The broader Topix index fell 0.2 percent or 1.85 points to 902.83.





















