Wall St stocks, dollar gain with data; Fed, earnings in the wings

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The S&P 500 and the Dow were up slightly while the Nasdaq fell and the dollar gained as investors waited for clues on the Federal Reserve's interest rate path as well as a raft of economic data and quarterly earnings reports.

pulled off a three-year low in April as new orders improved slightly and employment rebounded, but activity remained depressed amid higher borrowing costs and tight credit.increased more than expected in March, boosted by investment in non-residential structures, but single-family homebuilding remained depressed.

In currencies, the dollar index rose 0.383%, with the euro down 0.45% to $1.097. The Japanese yen weakened 0.78% versus the greenback at 137.35 per dollar, while sterling was last trading at $1.2498, down 0.59% on the day. In Treasuries, yields on benchmark 10-year notes were up 9.7 basis points to 3.549%, from 3.452% late on Friday. The 30-year bond yield was last up 11.8 basis points at 3.7955%. The yield on the 2-year note was last was up 7.3 basis points at 4.1366%.declining to 49.2

from 51.9 in March for the world's second biggest economy. A score below the 50-point mark separates expansion and contraction in activity.Gold gave up all of its gains inSpot gold dropped 0.4% to $1,982.50 an ounce while U.S. gold futures fell 0.18% to $1,986.60 an ounce.

 

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