Employment Outlook, Earnings Help Stocks Close Higher

Uncategorized

0  Updated at 3:06 pm, April 25th, 2013 By: ABC Digital
Share This Story

Hemera/Thinkstock(NEW YORK) — Stock prices Thursday rose on some positive earnings reports and encouraging news about employment.
 
The Dow Jones Industrial advanced for the fourth time in five sessions, closing up 24.50 points, or 0.2 percent, at 14,700.80. The Nasdaq Composite added 20.33 points, or 0.86 percent, to close at 3,289.99. The S&P gained 6.27 points, or 0.4 percent, and closed at 1,585.16.
 
According to the latest reports from Amazon, Exxon, UPS and Dow Chemical’s, the revenue for the companies exceeded forecasts.
 
Next week’s unemployment report may show the job market’s picked up steam.  The latest weekly numbers fell by 16,000, hitting the second-lowest level in five months.
 
Trading on the nation’s largest exchange for financial options resumed Thursday afternoon, following an outage blamed on software problems.   The Chicago Board of Options Exchange failed to open at its regular time of 9:30 a.m. EST. It didn’t start trading until almost 1 p.m.

Copyright 2013 ABC News Radio

Stories You May Be Interested In:

Good Question: Could you get paid to become a drug informant?

22 Feb 2017

Robert Patten, EastIdahoNews.com

Local processing plant suffers $100,000 in damages

21 Feb 2017

Natalia Hepworth, EastIdahoNews.com

Facebook is coming to a TV near you

14 Feb 2017

Seth Fiegerman, CNN