US stocks fall amid data, earnings

New York, April 30 (IANS) US stocks traded lower as investors assessed the newly-released economic data and quarterly earnings reports.

At mid-day on Friday, the Dow Jones Industrial Average fell 144.12 points, or 0.81 percent, to 17,686.64, Xinhua news agency reported.

The S&P 500 lost 18.62 points, or 0.90 percent, to 2,057.19. The Nasdaq Composite Index was down 50. 42 points, or 1.05 percent, to 4,754.88.

US personal consumption expenditures increased $12.8 billion, or 0.1 percent, in March, missing market estimates, the Commerce Department reported on Friday.

US dollar falls

New York, April 30 (IANS) The US dollar continued to tumble against the Japanese yen on Friday as investors digested a batch of US economic data.

In late New York trading on Friday, the euro rose to $1.1448 from $1.1350 in the previous session, and the British pound fell to $1.4602 from $1.4610 in the previous session, Xinhua news agency reported.

The Australian dollar decreased to $0.7602 from $0.7638.

The US dollar bought 106.69 Japanese yen, lower than 108.10 yen of the previous session.

The US dollar dipped to 0.9593 Swiss franc from 0.9667 Swiss franc, and it climbed to 1.2543 Canadian dollars from 1.2518 Canadian dollars.

On Thursday, the US dollar plunged about 3 percent against Japanese yen after the Bank of Japan decided to keep its current monetary policy unchanged despite market expectations of additional easing.

The dollar index, which measures the greenback against six major peers, was down 0.76 percent at 93.048 in late trading on Friday.

British FTSE 100 decreases

London, April 30 (IANS) FTSE 100 Index, the British benchmark stock market gauge decreased by 1.27 percent, or 80.51 points, to 6,241.89 points.

Share price of Glencore increased by 4.12 percent, topped the gainers of the blue chips on Friday, Xinhua news agency reported.

Randgold Resources, BT Group, Antofagasta and Shire increased by 3.75 percent, 2.06 percent, 1.93 percent and 1.77 percent respectively.

Royal Bank of Scotland Group led the top losers of the blue chips with a share price drop of 5.72 percent, following by International Consolidated Airlines Group (4.72 percent), Rolls-Royce Holdings (3.53 percent), Whitbread (3.49 percent) and TUI (3.22 percent).

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