September 8, 2009

U.S. markets head up Tuesday

U.S. markets headed up Tuesday morning after the Labor Day holiday break, as gold and silver prices climbed on the New York Mercantile Exchange.

Gold climbed to $1,002.40 per troy ounce, the highest since it set a record in March 2008 at $1,038.60.

Silver climbed to $16.67 per troy ounce.

In midmorning trading, the Dow Jones industrial average gained 21.16 points, 0.22 percent, to 9,462.43. The Standard & Poor's 500 rose 0.65 percent, 6.57 points, to 1,022.97. The Nasdaq index added 9.17 points, 0.45 percent, to 2,027.95.

The benchmark 10-year Treasury fell 1/32 to yield 3.449 percent.

The euro rose to $1.4468 Tuesday, compared to Friday's $1.4342. Against the yen, the dollar fell to 92.28 yen from Friday's 92.97 yen.

In Japan, the Nikkei 225 index added 72.29 points, 0.7 percent, to 10,393.23.