Thursday 6 June 2013

INQUIRER.net: US stocks close high ahead of May jobs data

INQUIRER.net
Philippine News for Filipinos
US stocks close high ahead of May jobs data
Jun 7th 2013, 00:33

NEW YORK—US stocks swung erratically Thursday as the dollar sank and bond prices rose, but finished solidly higher a day ahead of the government's release of US employment data for May.   The Dow Jones Industrial Average gained 80.03 points (0.53 percent) at 15,040.62, after having lost as much as 116 points at mid-session.   The broad-based S&P 500 added 13.66 (0.85 percent) at 1,622.56, while the tech-rich Nasdaq Composite rose 22.57 (0.66 percent) to 3,424.05.   The market continued to search for direction amid mixed signals from the US and global economies and traders appeared unnerved by the dollar's sharp fall against the euro and yen, whi...

Keep on reading: US stocks close high ahead of May jobs data

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