• Global Stocks: U.S. stock indices fell

Market news

12 January 2016

Global Stocks: U.S. stock indices fell

U.S. stock indices climbed from session's lows to close mixed.

The Dow Jones Industrial Average gained 52.12 points, or 0.3%, to 16,398.57. The S&P 500 climbed 1.64 point, or less than 0.1%, to 1,923.67. The Nasdaq Composite edged down 5.64 points, or 0.1%, to 4,637.99.

Stocks were partly influenced by comments by a Federal Reserve's official, who said that worsening of the economic situation overseas does not undermine strength of the U.S. economy. These words pointed to a possibility of an additional rate hike this year.

This morning in Asia Hong Kong Hang Seng declined 0.30%, or 60.48, to 19,828.02. China Shanghai Composite Index rose 0.73%, or 22.08, to 3,038.79. The Nikkei lost 2.76%, or 488.14, to 17,209.82.

Asian stocks traded mixed. Japanese stocks fell amid global selloff seen in the last few days and a stronger yen.

Chinese stocks rose after a governmental official expressed optimism about the country's economic growth and inflation.

Market Focus
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