1/27, 4:32 PM (Source: TeleTrader)
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Wall Street turns to gains after data

New York stock exchanges changed its course after the opening bell on Friday following the release of data indicating that the consumer confidence in the country recovered modestly amid economic uncertainty induced by inflation and recession concerns.

The report on pending home sales in the United States revealed a 2.5% increase on a monthy basis.

The Dow Jones Industrial Average went up by 0.17% at 10:31 am ET. The Nasdaq 100 gained 0.54% and the S&P 500 added 0.24%. The euro fell 0.24% against the dollar, to change hands to $1.08661 a minute later.

Baha Breaking News (BBN) / AB