Loading…
Saturday, April 19, 2014
Current Weather
Loading Current Weather....
Published: 8/2/2013

Stocks erase an early loss on Wall Street and end slightly higher; Dow has sixth weekly gain

ASSOCIATED PRESS

NEW YORK — The stock market closed slightly higher today after erasing an early loss.

The Dow Jones industrial average rose 30 points, or 0.2 percent, to close at 15,658. It had been down as much as 69 points.

The Standard & Poor’s 500 rose three points, or 0.2 percent, to 1,709. The Nasdaq rose 13, or 0.4 percent, to 3,689.

The Dow closed out its sixth straight weekly gain.

A government report that hiring slowed last month stalled the market in early trading today, but indexes recovered throughout the day.

The government reported that 162,000 jobs were created in July, fewer than economists expected and the least since March.

Rising stocks slightly outnumbered falling ones on the New York Stock Exchange. Volume was lighter than average at 3.1 billion shares.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories