Sat, Jul 04, 2009

Business

Market summary

Tucson, Arizona | Published: 05.05.2004
NEW YORK - Investors reacted cautiously to the Federal Reserve's latest statement on interest rates Tuesday, sending stocks slightly higher after the Fed suggested it would move carefully when raising the nation's base lending rate.
The Dow Jones industrial average was up 3.20, or 0.03 percent, at 10,317.20.
Broader stock indicators were also higher. The Standard & Poor's 500 was up 2.06, or 0.2 percent, at 1,119.55, and the Nasdaq climbed 11.76, or 0.6 percent, to 1,950.48.
- The Associated Press