News Summary: Stocks rise after jobs report

News Summary: Stocks climb following encouraging news on the labor market and retail sales

Associated Press

BETTER, BUT: The stock market got a lift from the government's report that 367,000 Americans sought unemployment benefits for the first time last week. That's an increase from the previous week but fewer than economists had expected.

RETAIL SALES: Costco and other retail chains reported September sales that came in ahead of Wall Street's estimates. Costco, Dollar General and other retail stocks gained.

THE FINAL SCORE: The Standard & Poor's 500 index gained 10 points to close at 1,461. The Dow Jones industrial average rose 81 points to 13,575.

Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.

    Recommended for You