Diversified miner BHP(BHP Quote) moved higher by 3.3%.
Brazilian iron-ore producer Companhia Vale do Rio Doce(RIO Quote) surged 7.2% after the company said it would boost its dividend payout in 2007 to $1.65 billion, up 27% from $1.3 billion last year. As for ferrous metals, Standard & Poor's sees a weaker steel market this year. Reduced consumption by automobile manufacturers and large consumer-held inventories will be critical factors for the industry, S&P says. Demand from nonresidential construction users should be a positive, the firm adds.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,390.11 | 1,103.25 | 2,189.61 | 34.48 |
Oil *
76.60
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|
UP
1.21
|
DOWN
2.73
|
DOWN
4.74
|
DOWN
0.35
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10 Yr
3.45%
SPDR Gold
113.11
|
|
+0.01%
|
-0.25%
|
-0.22%
|
-1.00%
|
Data delayed 20 minutes |














