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NEW YORK, Nov. 1 (UPI) -- U.S. markets climbed Thursday after Automatic Data Processing Inc. said the economy gained 158,000 private-sector jobs in October. The ADP report, delayed a day by Hurricane Sandy, hints at the Labor Department jobs report due Friday that includes public and private sector jobs.
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Friday's report is highly anticipated each month, but all the more so this month due to its potential impact on the presidential election next Tuesday.
The Institute of Supply Management said Thursday the manufacturing Purchasing Managers' Index rose slightly September to October, climbing from to 51.5 from 51.7. Numbers above 50 indicate business expansion.
With New York beset by power outages, floods and less than a full workforce returning to work after a massive hurricane, the Dow Jones industrial average added 136.16 points, 1.04 percent, to 13,232.62 on The New York Stock Exchange.
By close of trading, the Nasdaq composite index gained 42.83 points, 1.44 percent, to 3,020.06. The Standard & Poor's 500 index added 15.43 points, 1.09 percent, to 1,427.59.
On the New York Stock Exchange, 2,332 stocks advanced and 687 declined on a volume of 3.8 billion shares traded.
The benchmark 10-year treasury fell 9/32 to yield 1.727 percent.
The euro fell to $1.2942 from Wednesday's $1.296. Against the yen, the dollar rose to 80.15 yen from 79.78 yen.
In Tokyo, the Nikkei 225 index added 0.21 percent, 18.58, to 8,946.87.
In London, the FTSE 100 index gained 1.37 percent, 79.22, to 5,861.92.
