Saturday, May 7, 2011

How the major stock indexes fared Friday

The largest spree of hiring corporate in five years ended a slide a week on the stock market. The Ministry of labour has indicated Friday that the committed private sector employers 268,000 people last month, the most since February 2006. Job losses taking account of the employees of the Government, the economy added a total of 244 000 jobs throughout last month, far above what analysts had predicted.

The news on the growth of employment has helped lift the dollar, pushed oil prices and reversed a slump of four days for stocks.

The Dow Jones index gained 54.57 points, or 0.4%, to close at 12,638.74.

The standard & poor 500 index increased 5.10, or 0.4%, to 1,340.20.

The Nasdaq composite rose 12.84, or 0.5%, to 2,827.56.

For the week:

The Dow Jones index is 171.80 points, or 1.3%.

The S & P is 23.41, 1.7%.

The Nasdaq is 45.98, 1.6%.

For the year to date:

The Dow Jones index is at 1,061.23, or 9.2%.

The S & P is 82.56, or 6.6 per cent.

The Nasdaq is 174.69, or 6.6 per cent.

No comments:

Post a Comment