September 29, 2009

U.S. markets slip Tuesday morning

U.S. markets slipped Tuesday morning as a closely watched index of home prices showed mixed results.

The S&P/Case-Shiller Home Price Index showed the 10-City and 20-City composite listings, while still negative, have improved for six months.

In midmorning trading, the Dow Jones industrial average lost 7.33 points, 0.07 percent, to 9,782.03. The Standard & Poor's 500 shed 0.01 points, less than 0.01 percent, to 1,062.97. The Nasdaq composite index lost 1.66 points, 0.08 percent, to 2,129.08.

The benchmark 10-year Treasury lost 10/32 to yield 3.313 percent.

The euro fell to $1.4552 from Monday's $1.4606. Against the yen, the dollar rose to 90.14 yen from Monday's 89.63 yen.

The Nikkei 225 in Tokyo added 90.68 points, 0.91 percent, to 10,100.20.