Stocks rise slightly in late trading

Jan. 4, 2013 at 4:43 PM
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NEW YORK, Jan. 4 (UPI) -- U.S. stock indexes closed in positive territory Friday despite tepid trading after the Labor Department said the unemployment rate remained 7.8 percent.

The department said 155,000 jobs were added in December.

The Census Bureau said new factory orders rose for the sixth time in seven months in November but the gain was marginal. A $200 million gain to $477.6 billion came to less than 0.1 percent.

In late afternoon trading, the Dow Jones industrial average added 43.85 points -- 0.33 percent -- to 13,435.21.

The Nasdaq composite gained 1.09 points (0.04 percent) and finished at 3,101.66.

The Standard and Poor's 500 added 7.10 points -- 0.49 percent -- and ended the session at 1,466.47.

The 10-year treasury note yielded 1.908 percent.

On the New York Stock Exchange, the total share volume was 3.4 trillion shares.

Against the dollar, the euro was $1.3074 from Thursday's $1.3049. The dollar was 88.17 yen from 87.24 yen Thursday.

In Tokyo, the Nikkei 225 index gained 2.82 percent or 292.93 points to 10,688.11.

In London, the FTSE 100 index gained 0.7 percent, 42.50 points, to 6,089.84.

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