Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published Friday, November 6, 2009 at 1:44 PM

Comments (0)     E-mail E-mail article      Print Print view      Share Share

How the major stock indexes fared on Friday

Investors added to the week's strong gains in the stock market after finding some positives in a surprisingly weak jobs report. Stock indexes posted a modest advance in light trading Friday after the Labor Department said the nation's unemployment rate topped 10 percent in October for the first time since 1983, but also that the pace of job losses slowed. The rise in joblessness, while not welcome news for the economy, reassured some investors that the Federal Reserve will have to hold interest rates low for some time.

The Associated Press

Investors added to the week's strong gains in the stock market after finding some positives in a surprisingly weak jobs report. Stock indexes posted a modest advance in light trading Friday after the Labor Department said the nation's unemployment rate topped 10 percent in October for the first time since 1983, but also that the pace of job losses slowed. The rise in joblessness, while not welcome news for the economy, reassured some investors that the Federal Reserve will have to hold interest rates low for some time.

The Dow Jones industrial average rose 17.46, or 0.2 percent, to 10,023.42.

The Standard & Poor's 500 index rose 2.67, or 0.3 percent, to 1,069.30.

The Nasdaq composite index rose 7.12, or 0.3 percent, to 2,112.44.

For the week:

The Dow is up 310.69, or 3.2 percent

The S&P is up 33.11, or 3.2 percent

The Nasdaq is up 67.33, or 3.3 percent

For the year:

The Dow is up 1,247.03, or 14.2 percent.

The S&P is up 166.05, or 18.4 percent.

The Nasdaq is up 535.41, or 34 percent.

E-mail E-mail article      Print Print view      Share Share

More Business & Technology

Northrop threatens not to bid on tanker, as saga grinds on

Microsoft to kick off Office 2010 in June

Fed survey finds recovery gaining momentum

UPDATE - 03:11 PM
Stocks mostly rise as Fed sees improving economy

Yahoo plugs into Facebook to become more popular

More Business & Technology headlines...

No comments have been posted to this article. Start the conversation.

advertising


Get home delivery today!

Video

Suspect killed in South Seattle| Excerpt of police radio
The suspect wanted in the slaying of four police officers was killed early this morning. Audio excerpt of police radio conversation provided courtesy TImes reader Gary Osborne.

Suspect killed in Seattle | Extended audio of police radio
RAW VIDEO | Press conference on suspect shooting
RAW VIDEO: Scene where Clemmons shot by police
SPD Det. Jeff Kappel speaks about 11-hour standoff
Leschi residents shaken by manhunt
Fans flock to Palin book signing in Tri-Cities
Community reflects on slain police
Police shooting: Man who helped baristas
WTO revisited: Harley Soltes

Advertising

AP Video

Entertainment | Top Video | World | Offbeat Video | Sci-Tech

Marketplace

 
Most read
Most commented
Most e-mailed
 
 
Advertising