Stocks Holds Gain after Encouraging Jobs Report

5 years 8 months 1 week ago Monday, July 08 2013 Jul 8, 2013 Monday, July 08, 2013 8:42:56 AM CDT July 08, 2013 in News
By: Associated Press

NEW YORK (AP) - The stock market is slightly higher after giving up early gains fueled by a strong jobs report.

The Dow Jones industrial average was up 81 points, or 0.6 percent, to 15,070 at midday Friday. It rose as much as 116 points in the morning. The Standard & Poor's 500 index was up nine points, or 0.6 percent, to 1,625. The Nasdaq composite index was up 22 points, or 0.6 percent, to 3,466.

The U.S. economy added 195,000 jobs in June, above the 165,000 expected.

The report reinforced the idea that the Federal Reserve could pull back on its economic stimulus.

As investors bought stocks, they sold bonds. The yield on the 10-year Treasury note jumped to 2.70 percent from 2.56 percent just before the report was released this morning.

More News

Grid
List
COLUMBIA - With elections in Columbia just weeks away, voters will have the chance to meet candidates and discuss other... More >>
5 hours ago Wednesday, March 20 2019 Mar 20, 2019 Wednesday, March 20, 2019 3:30:00 AM CDT March 20, 2019 in Continuous News
OMAHA - Amtrak service between Kansas City and St. Louis has been temporarily suspended due to increase freight train traffic... More >>
11 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 9:59:00 PM CDT March 19, 2019 in News
MARIES COUNTY - Maries County deputies have arrested the mother of the 14-year-old girl who died in a house fire... More >>
13 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 7:34:00 PM CDT March 19, 2019 in News
COLUMBIA - When Madison Lawson shops at a retail store, she tends to leave empty-handed. “I want to dress... More >>
13 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 7:13:00 PM CDT March 19, 2019 in News
JEFFERSON CITY - Gov. Mike Parson announced Tuesday plans to restructure four state agencies and promote economic development is in... More >>
14 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 6:36:00 PM CDT March 19, 2019 in News
JEFFERSON CITY - Youth soccer games with the Jefferson City Area YMCA scheduled for Saturday are canceled due to Missouri... More >>
15 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 6:00:00 PM CDT March 19, 2019 in News
COLUMBIA - A Columbia man went on trial Tuesday in a 2002 rape case that prosecutors say was cracked with... More >>
16 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 4:10:00 PM CDT March 19, 2019 in News
COLUMBIA - Victims of clergy sexual abuse said the Jefferson City Diocese needs to be more open about a priest... More >>
16 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 4:09:00 PM CDT March 19, 2019 in News
COLUMBIA - Columbia Public Schools released a revised school calendar to make up five lost snow days without extending classes... More >>
17 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 3:54:00 PM CDT March 19, 2019 in News
KANSAS CITY (AP) — Vice President Mike Pence was expected to visit the Midwest on Tuesday to view flooding caused... More >>
17 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 3:39:00 PM CDT March 19, 2019 in News
COLUMBIA - The MU Police Department announced Tuesday it had fired an officer after a photo of him in blackface... More >>
18 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 2:10:00 PM CDT March 19, 2019 in News
COLUMBIA - A man who says he was conned by someone he met at the Central Pantry in Columbia feels... More >>
19 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 1:30:00 PM CDT March 19, 2019 in News
HALLSVILLE - The Hallsville School District notified parents Monday of a threat toward students that happened in the previous week.... More >>
23 hours ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 10:04:00 AM CDT March 19, 2019 in News
COLUMBIA - Tuesday morning, the Boone County Fire Protection District responded to a residential house fire on North Boothe Lane.... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 7:18:00 AM CDT March 19, 2019 in News
PETTIS COUNTY - According to the Pettis County Sheriff's Office, escapee Travis Davis was arrested by Sedalia Police Tuesday morning.... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 6:24:00 AM CDT March 19, 2019 in News
COLUMBIA - Law enforcement officials from around the state attended the annual Missouri Crisis Intervention Team (MCIT) conference in Columbia... More >>
1 day ago Tuesday, March 19 2019 Mar 19, 2019 Tuesday, March 19, 2019 1:09:00 AM CDT March 19, 2019 in News
SUNRISE BEACH - Community members are helping the Branding Iron Restaurant and Saloon owners rebuild after a fire destroyed their... More >>
1 day ago Monday, March 18 2019 Mar 18, 2019 Monday, March 18, 2019 10:27:00 PM CDT March 18, 2019 in News
COLUMBIA – Peaceworks and Beyond Nuclear will be hosting an event Tuesday night to talk about possible effects nuclear waste... More >>
1 day ago Monday, March 18 2019 Mar 18, 2019 Monday, March 18, 2019 8:29:00 PM CDT March 18, 2019 in News
Columbia, MO
Broken Clouds 45°
9am 43°
10am 43°
11am 45°
12pm 46°