Markets mixed in light holiday trading
2008-12-25 HKT 06:51
Wall Street rose modestly in light holiday trading. Investors had largely been factoring in bad numbers for the fourth quarter as Americans adjusted to the slumping economy. The Dow Jones industrial average rose almost 49-points or point six of a percent, after falling for five straight sessions. Broader stock indicators also made slight gains with the Standard & Poor's 500 index rising five points and the Nasdaq, just over three points. On the other side of the Atlantic, London's FTSE 100 was down almost one percent, the Paris CAC fell point 39 of a percent and Frankfurt's Dax ended point two of a percent down.
