U.S. markets flat Tuesday

New York -- U.S. markets were flat Tuesday despite positive news on housing prices in a closely-watched private index.

The Standard & Poor's Case-Shiller 20-city composite index said home prices rose 1.2 percent from July to August, although prices in the index remain 11.3 percent below August of 2008.

In early afternoon trading, the Dow Jones industrial average rose 0.18 percent, 17.84 points, to 9,885.80. The S&P 500 dropped 0.28 percent, 3.01, to 1,063.94.

The Nasdaq composite index of tech-dominated stock fell 1.13 percent, 24.12, to 2,117.73.

The benchmark 10-year U.S. Treasury rose 23/32 to yield 3.473 percent.

The euro fell to $1.4783 from Monday's $1.4865. Against the yen, the dollar fell to 91.89 yen from Monday's 92.21 yen.

In Japan, the Nikkei 225 index lost 1.45 percent, 150.16, to 10,212.46.

In Britain, the FTSE 100 index added 0.18 percent, 9.23, to 5,200.97.

Copyright 2009 by United Press International.

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