U.S. markets gains hold up Friday

Published: Nov. 6, 2009 at 4:54 PM
Stocks react to consumer directories at the New York Stock Exchange

NEW YORK, Nov. 6 (UPI) -- Narrow gains held up in U.S. markets Friday, despite news the unemployment rate rose to 10.2 percent.

The Labor Department said 190,000 jobs were lost in October, pushing the unemployment rate up 0.4 percentage points from the previous month's 9.8 percent.

After a 203-point gain Thursday, the Dow Jones industrial average crossed the 10,000 point mark on 10 occasions Friday, failing to sustain a run-up or settle in negative territory.

By close, the Dow Jones industrial average was ahead by 17.46 points, 0.17 percent, to 10,023.42. The Standard & Poor's 500 added 0.25 percent, 2.67 points, to 1,069.30. The Nasdaq composite index gained 0.34 percent, 7.12 points, to 2,112.44.

On the New York Stock Exchange, 1,531 stocks advanced and 1,445 declined on a volume of 4.2 billion shares traded.

The benchmark 10-year U.S. Treasury rose 8/32 to yield 3.499.

The euro fell to $1.4845 from Thursday's $1.4877. Against the yen, the dollar fell to 89.94 yen from Thursday's 90.77 yen.

In Japan, the Nikkei 225 index rose 0.74 percent, 71.91, to 9,789.35.

In London, the FTSE 100 index lost 0.33 percent, 17.08, to 5,142.72.

© 2009 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
Police: Burglars targeted sleeping nuns (5 min)
Soderling first through to ATP semifinals (12 min)
Three players make PSAs with president (16 min)
Ricky Williams named top AFC player (17 min)
U.S. markets edge higher Wednesday (19 min)
All-night Reno bars close for two hours (28 min)
$18,000 for one pair of shoes (28 min)
fark
Man smokes pack of cigarettes then hangs himself. See, those things will kill you
Students angry over dress code stage a protest, learn the school can in fact suspend all 1,500 of...
Georgia Supreme Court reverses theft conviction, rules a riding lawn mower isn't a "motor vehicle."...
Indiana schools face an epidemic of "ball tapping." You thought of a better headline, but were too...
Don't tase me, doe
Obvious tag doesn't come even close: "Thanksgiving gatherings could spread swine flu"