International markets roundup
Market watch top headlines
A roundup of trading on major world markets:
NEW YORK - US stocks opened higher on Monday as Caterpillar's positive forecast for 2013 helped overcome its fourth-quarter 2012 earnings disappointment and pushed up the Dow.
Five minutes into trade on Monday, the Dow Jones Industrial Average was up 15.40 points, or 0.11 per cent, to 13,911.38.
The broad-based S&P 500 continued its streak of gains, adding 7.46 points, or 0.50 per cent, to 1,502.28.
The tech-heavy Nasdaq Composite Index jumped 5.31 points, or 0.17 per cent, to 3,155.02.
Caterpillar was up 2.2 per cent, as it pointed to a better 2013 amid an uncertain global outlook.
LONDON - Europe's main stock markets closed mixed, as investors took a breather from a strong rally last week to digest mixed data from the US and eurozone.
At close on Monday, London's FTSE 100 index of leading companies rose 0.16 per cent to 6,294.41 points, while Frankfurt's DAX 30 dropped by 0.32 per cent to 7,833 points. In Paris the CAC 40 edged up 0.07 per cent to 3,780.89 points.
The euro edged up $US1.3459 from $US1.3457 late in New York on Friday, when the euro also hit an 11-month high versus the greenback.
HONG KONG - Asian markets started the week on a mixed note, with the Nikkei sinking on profit-taking after breaking 11,000 in early trade.
Tokyo surged above the 11,000 mark for the first time since April 2010 in the morning as the yen extended its recent downward trend but profit-taking soon took hold and the index ended down 0.94 per cent, or 102.34 points, at 10,824.31.
Seoul dipped 0.36 per cent, or 6.98 points, to 1,939.71, while Hong Kong added 0.39 per cent, or 91.45 points, to end at 23,671.88.
Shanghai surged 2.41 per cent, or 55.21 points, to 2,346.51 after authorities said they would expand the number of securities for margin trading, boosting liquidity hopes.
Sydney and Kuala Lumpur were closed for public holidays.
WELLINGTON - Wellington rose 0.11 per cent, or 4.62 points, to 4,204.44.