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

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 38 | NO. 2 | Friday, January 10, 2014

Stocks mostly up despite report of US hiring slump

Print | Front Page | Email this story

NEW YORK (AP) — Investors shrugged off a report of a sharp slowdown in hiring last month and left major U.S. stock indexes mostly higher.

Stocks wavered between gains and losses for much of the day, then crept higher in the last hour of trading Friday. Many investors concluded the report was an aberration to a large body of positive data about the U.S. economy.

The Standard & Poor's 500 index ended up four points, or 0.2 percent, at 1,842.

The Dow Jones industrial edged down seven points, just 0.05 percent, to 16,437. If not for a slump in Chevron, which reported a decline in oil and gas production late Thursday, the index would have risen slightly.

The Nasdaq composite rose 18 points, or 0.4 percent, at 4,174.

Utility stocks rose the most.

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