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16 May 05: US Stocks Make Move up on Monday


U.S. stock market indicators moved up in Monday's trading. Investors were encouraged by falling oil prices. The Dow Jones Industrial Average, the S&P 500 and the NASDAQ all gained four-tenths of a percent or more.

European share prices are lower at the close. London's Financial Times index lost two points to finish at 4,884.

The CAC-40 in Paris lost seven to end at 4,011, while the DAX index in Frankfurt dropped 14 points at 4,264.

Earlier in Asia, the Tokyo Stock Exchange's Nikkei Average lost 102 points to finish at 10,947 points.

The Hang Seng index in Hong Kong was closed for a holiday.

The price of gold is down a half-dollar, trading at $419.95 cents an ounce in New York.

The dollar is lower against the yen and the euro in New York trading.

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