U.S. markets start mixed Friday

New York -- U.S. stock indexes started mixed Friday morning following a rally that faded late Thursday.

Some indexes gained as crude oil prices dropped with the dollar gaining strength.

In midmorning trading Friday, the Dow Jones industrial average gained 13.14 points to 12,862.14, up 0.1 percent. The Standard and Poor's 500 index gained 3.60 points to 1,392.42, up 0.26 percent. The Nasdaq composite of tech-dominated stock fell 10.22 points to 2,4l8.70, off 0.42 percent.

The 10-year U.S. Treasury note fell 7/32 to yield 3.862 percent.

The dollar was mixed Friday. The euro traded at 1.5636 Friday from Thursday's $1.5677, while the dollar traded at 104.24 yen from 104.35 yen Thursday.

In Tokyo, the Nikkei index gained 322.60 Friday to 13,863.47, up 1.52 percent.

Copyright 2008 by United Press International.