» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 37 | NO. 23 | Friday, June 07, 2013




Stock market rises sharply after hiring picks up

Print | Front Page | Email this story

NEW YORK (AP) — The stock market is closing sharply higher after the government reported a pickup in hiring last month.

The Dow Jones Industrial average rose 207 points, or 1.4 percent, to 15,248 Firday. It was the Dow's second-biggest gain this year.

Boeing led the Dow higher with a gain of 2.7 percent.

The Standard & Poor's 500 rose 20 points, or 1.3 percent, to 1,643. The Nasdaq rose 45 points, or 1.3 percent, to 3,469.

Indexes rose after the government reported that employers added 175,000 jobs last month, slightly more than expected. More people also started looking for work.

Investors still expect the Federal Reserve to continue its stimulus.

Two stocks rose for every one that fell on the New York Stock Exchange. Volume was lighter than usual at 3.3 billion shares.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0