by Mon, 02 May 2011 20:51:00 +0200
US stocks ease gains in afternoon trade
FXstreet.com (Córdoba) - US stocks lost some of their early gains and turned mixed on Monday despite the death of Osama Bin Laden, and some strong earnings reports. In the FX market, the Greenback is also mixed after a short-lived rally on Bin Laden's news.
The Dow Jones industrial average remains near its 3-year high, having risen 11 points to 12,821; it had been up 65 points earlier in the day. The S&P 500 index is mostly flat around 1,364 points, it was up 7 points earlier, while the Nasdaq composite index is still struggling to consolidate at 10-year highs, currently down 0.4 points around 2,873.
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