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07 Feb 05: US Stocks Decline Slightly As Monday


U.S. stock market indexes edged downward in Monday's early trading.

The Dow Jones Industrial Average lost nine points to hit 10,707. The S & P 500 was down one point at 1,202, while the NASDAQ lost one point to reach 2,086.

European share prices are higher in midday trading. London's Financial Times index, the CAC-40 in Paris, and the DAX index in Frankfurt all gained four-tenths of a percent or more. Earlier, two key Asian stock indexes rose more than one percent.

Tokyo's Stock Nikkei Average rose 139 points to finish at 11,500 points.

Hong Kong's Hang Seng index ended the day's trading up 210 points at 13,795.

The price of gold is up more than half-a-dollar, at 415 dollars, 31 cents an ounce in New York. The dollar in London is higher against the yen and the euro.

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