UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Markets flat Friday

|
 
Published: Sept. 7, 2012 at 6:04 PM

NEW YORK, Sept. 7 (UPI) -- U.S. stock indexes were mostly flat Friday after the Labor Department said the jobless rate was 8.1 percent and fewer jobs than expected were added in August.

The unemployment rate fell from 8.3 percent, mostly due to a large number of workers who dropped out of the workforce, officials said.

Before August, the monthly tally of new jobs for 2012 averaged 151,000 per month.

Stocks found support from Europe, where an equities rally was sparked by the European Central Bank's bond-buying program announced Thursday.

By close of trading on Wall Street, the Dow Jones industrial average added 14.64 points, or 0.11 percent, to 13,306.64. The tech-heavy Nasdaq Composite index gained 0.61 points, or 0.02 percent, to 3,136.42. The Standard and Poor's 500 added 5.80 points, or 0.4 percent, to 1,437.92.

On the New York Stock Exchange, 2,024 stocks advanced and 947 declined on a volume of 3.5 billion shares traded.

The benchmark 10-year treasury rose 3/32 to yield 1.672 percent.

The euro rose to $1.2816 from Thursday's $1.2631. Against the yen, the dollar fell to 78.24 yen from 78.86 yen.

In Tokyo, the Nikkei 255 index surged 2.2 percent, 191.08 points, to 8,871.65.

In London, the FTSE 100 index added 17.46 points, 0.3 percent, to 5,794.80.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 15
138th Preakness Stakes in Baltimore, Mayland
View Caption
Race fans enjoy a shot in the infield during the 138th Preakness Stakes at Pimlico Race Course on May 18, 2013 in Baltimore, Maryland. Kentucky Derby winner Orb is looking for a Triple Crown possibility with a win today at Pimlico. UPI/Kevin Dietsch
fark
Think today's English cuisine is bad? Try a few recipes from this WWII British food rationing pamphlet....
Jesus, it's not every day you see a naked man on a scooter, carrying a large cross
$600 million of American bettors' Powerball money now belongs to someone in Florida. New lottery...
High schooler expelled, charged with felony for lesbian relationship. Florida tag lives up to its...
Photoshop this hairy situation
Gate 14....gate 15.....gate 16....gate 17