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Wall Street Closing
Published in Saudi Press Agency on 28 - 06 - 2011

U.S. stocks finished higher on Monday, as strength in the technology sector raised all three major indexes.
In world markets, European stocks ended mixed, as the FTSE 100 in Britain rose 0.4 percent and the DAX in Germany fell 0.2 percent. Asian markets also ended mixed, as the Shanghai Composite rose 0.4 percent and the Nikkei in Japan tumbled 1 percent.
In U.S. economic news, personal income rose 0.3 percent in May, the Commerce Department reported on Monday. That was slightly lower than the 0.4 percent economists had forecast, and follows a 0.4 percent rise in April.
Meanwhile, U.S. consumer spending was unchanged in May, after rising 0.4 percent in the previous month, the Commerce Department said. Economists were looking for spending to rise 0.1 percent last month.
In U.S. company news, Citigroup said 3,400 of the customers who were hacked in its recent data breach suffered about $2.7 million in losses. The news came after the company said last week it discovered that more than 360,000 accounts had been hacked.


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