Contact Us

Stock Market Rises After Strong US Jobs Report

 

US Jobs Report - Stock Market Rises
Getty Images

NEW YORK (AP) — Robust hiring in the U.S. is boosting the stock market in early trading.

The government says employers added 195,000 jobs in June. Economists had predicted a gain of 165,000. The unemployment rate remained at 7.6 percent.

The Dow Jones industrial average was up 76 points, or 0.5 percent, at 15,065 shortly after the market opened Friday. The Standard & Poor’s 500 rose nine points, also 0.5 percent, to 1,624.

The Nasdaq climbed 17 points, or 0.5 percent, to 3,461.

Other markets are showing big movements. The yield on the 10-year Treasury note jumped to a two-year high of 2.70 percent, up from 2.56 percent shortly before the jobs report came out. It was a sign that investors think the economy is improving.

The dollar rose and gold fell.

Copyright 2013 The Associated Press.

More From NewsTalk 1290

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://newstalk1290.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on NewsTalk 1290 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on NewsTalk 1290 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!