Contact Us
Make My Homepage

Stock Market Jumps After Strong Jobs Report

Stocks are closing sharply higher after the U.S. government reported a big increase in hiring last month.

Stock Market
Spencer Platt, Getty Images

The Dow Jones industrial average jumped 198 points, or 1.3 percent, to 16,020 Friday.

The Standard & Poor’s 500 index rose 20 points, or 1.1 percent, to 1,805. The Nasdaq composite rose 29 points, or 0.7 percent, to 4,062.

It was the first increase for the market after five days of losses. The S&P 500 still ended the week with a slight loss, the first after eight weeks of gains.

Industrial stocks and others that tend to benefit when the economy is growing posted some of the biggest gains. Intel led the Dow higher.

The government reported that U.S. employers added 203,000 jobs in November, the fourth straight month of solid growth.

 

(Copyright 2013 by The Associated Press.  All Rights Reserved.)

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://nj1015.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 New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!