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

Stocks mixed Wednesday

|
 
 
License photo
Published: Dec. 5, 2012 at 6:05 PM

NEW YORK, Dec. 5 (UPI) -- U.S. stock indexes were mixed Wednesday, as a private payroll company said 118,000 jobs were added to the economy in November.

Ahead of Friday's Labor Department report, which includes government jobs, Automatic Data Processing Inc. said the private sector job gains were smaller than expected.

The ADP monthly report quotes Moody's Analytics Chief Economist Mark Zandi as saying Superstorm Sandy "wreaked havoc on the job market in November, sliding an estimated 86,000 jobs from payrolls."

The Institute for Supply Management said its non-manufacturing purchasing index for November rose from 54.2 to 54.7, indicating a slightly faster pace for growth among service industries in the month.

The Commerce Department said factory orders rose 0.8 percent in the month.

By close of trading Wednesday, the Dow Jones industrial average added 82.71 points, or 0.64 percent, to 13,034.49.

The tech-heavy Nasdaq index shed 22.99 points, or 0.77 percent, to 2,973.70. The Standard and Poor's 500 added 2.23 points, or 0.16 percent, to 1,409.28.

On the New York Stock Exchange, 1,579 stocks advanced and 1,442 declined on a volume of 4.1 billion shares traded.

The 10-year treasury note rose 6/32 to yield 1.591 percent.

The euro fell to $1.307 from Tuesday's $1.3095. The dollar rose to 82.43 yen from 81.90 yen.

Japan's Nikkei 225 index added 0.39 percent, 36.38 points, to 9,468.84.

Britain's FTSE 100 index gained 0.39 percent, 23.04 points, to 5,892.08.

Topics: Mark Zandi
Recommended Stories
© 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 18
Greek PM Antonis vists Beijing
View Caption
Greek national flags fly over Tiananmen Square during Greece's Prime Minister Antonis Samaras state visit to Beijing on May 16, 2013. Samaras is in China seeking investment and trade deals to help revive his country's recession-battered economy. UPI/Stephen Shaver
fark
Coming up in a bit it's Livingston Stapler Company Presents. Three hours of music hosted by a farker....
Car plows into hikers during Virginia parade, injures 50-60. Tag is for the guy who jumped in the...
High School seniors come up with best Graduation Ceremony idea EVAR. School board: 'Crickets'
Bar will host "Smallest Penis Contest" ... and since it will be held in New York, competition is...
Woman walking near the Arrivals section of the Fort Lauderdale Airport unexpectedly departs by bus...
Photoshop this banged up big ball