Follow us on

US STOCKS SNAPSHOT-Wall St erases losses on Fed Lockhart's comments

Source : REUTERS
Last Updated: Tue, Aug 13, 2013 17:10 hrs

NEW YORK, Aug 13 (Reuters) - U.S. stocks erased losses to trade higher by midday on Tuesday after Atlanta Federal Reserve President Dennis Lockhart said economic data remains too mixed to lay out a detailed path for reducing and eventually halting their asset-purchase stimulus plan at their September meeting.

The Dow Jones industrial average was up 52.00 points, or 0.34 percent, at 15,471.68. The Standard & Poor's 500 Index was up 4.74 points, or 0.28 percent, at 1,694.21. The Nasdaq Composite Index was up 7.54 points, or 0.21 percent, at 3,677.49.

blog comments powered by Disqus
most popular on facebook
talking point on sify finance