New York, March 19 (DPA) Major US stock indices were mixed Thursday as government figures showed consumer prices were flat in February and a private research group's gauge of the economy signalled a slow but continuing recovery.
The Dow Jones Industrial Average rose for the eighth straight day and is trading at its highest level in 17 months.
Consumer prices were level in February, the Labour Department reported, while the New York-based Conference Board's index of leading economic indicators rose 0.1 percent in February, the 11th straight monthly gain but down from 0.3 percent in January.
US President Barack Obama, meanwhile, signed an $18-billion jobs package that provides tax incentives for small businesses, amid an unemployment rate of 9.7 percent.
The blue-chip Dow Jones industrials climbed 45.5 points, or 0.42 percent, to 10,779.17. The broader Standard and Poor's 500 Index edged down 0.38 points, or 0.03 percent, to 1,165.83. The technology-heavy Nasdaq Composite Index inched up 2.19 points, or 0.09 percent, to 2,391.28.
The US currency rose against the euro to 73.47 euro cents from 72.77 euro cents Wednesday and edged up against the Japanese currency to 90.35 yen from 90.31 yen.
| Other Articles: |
 |
Government will use food stocks to soften prices: Montek (19th Mar, 2010) |
 |
Karnataka legislature passes Premji university bill (19th Mar, 2010) |
 |
Nine telecom companies apply for 3G (19th Mar, 2010) |
 |
Daimler to set up plant near Chennai to produce trucks (18th Mar, 2010) |
 |
Microsoft to launch Office 2010 for Indian users in June (18th Mar, 2010) |
 |
Drug firm Strides to buy out Aspen stake in JVs (18th Mar, 2010) |
 |
B.S Meena appointed heavy industries secretary (18th Mar, 2010) |
 |
Chhattisgarh asks telecom firms to get towers legalised (18th Mar, 2010) |
 |
NGOs aiding IBM's social responsibility in Hyderabad (18th Mar, 2010) |
 |
Daimler to set up plant near Chennai to produce trucks (18th Mar, 2010) |
 |
ArcelorMittal may shift plant to another site in Jharkhand (18th Mar, 2010) |
 |
Prices of essential commodities reducing: Pawar (18th Mar, 2010) |
 |
Prices of essential commodities coming down: Pawar (18th Mar, 2010) |
 |
SpiceJet introduces two new direct sectors in summer (18th Mar, 2010) |
 |
Hiccup! Officials barred from drawing Punjab liquor lottery (18th Mar, 2010) |
 |
Bolivia to invest nearly $125 mn in power projects (18th Mar, 2010) |
 |
Brazilian firm to invest $400 mn in Colombia (18th Mar, 2010) |
 |
Toyota faces criminal charges in Canada (18th Mar, 2010) |
 |
India a terrific example for Africa: Togo PM (18th Mar, 2010) |
 |
Google teams with Intel, Sony on new TV platform (18th Mar, 2010) |
 |
US Congress approves $18 bn jobs stimulus package (18th Mar, 2010) |
 |
Insurance regulator warns against Aetna Healthcare (18th Mar, 2010) |
 |
India needs 100 million broadband connections, says Pitroda (18th Mar, 2010) |
 |
Transporters threaten strike from April 5 (18th Mar, 2010) |
 |
Manthan Systems eyes acquisitions overseas for growth (18th Mar, 2010) |