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 | |
|---|---|---|---|---|
| 10,246.97 | 1,093.01 | 2,151.08 | 34.82 |
Oil *
77.27
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UP
20.03
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DOWN
0.06
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DOWN
2.98
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DOWN
0.04
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10 Yr
3.48%
SPDR Gold
108.39
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+0.20%
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-0.01%
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-0.14%
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-0.11%
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Data delayed 20 minutes |
