Stocks surge to new highs after hiring climbs - WSLS 10 NBC in Roanoke/Lynchburg Va

Stocks surge to new highs after hiring climbs

Posted: Updated:
NEW YORK -

The stock market is surging past new milestones after the government reported a big pickup in hiring at U.S. employers.
    
The Dow Jones industrial average crossed 15,000 for the first time Friday and the Standard and Poor's 500 index, a broader market measure, broke through 1,600.
    
The Dow gave up some of its gain and closed up 142 points at 14,973, an increase of 1 percent.
    
The S&P 500 surged 16, or 1 percent, to 1,614.
    
The driver was jobs. U.S. employers added 165,000 of them in April and more in February and March than previously estimated. The unemployment rate fell to the lowest level in four years, 7.5 percent.
    
Three stocks rose for every one that fell on the New York Stock Exchange. Volume was average, 3.6 billion shares.

  • Trending StoriesTrending StoriesMore>>

  • DOT fixes sign for new 485 flyover that spelled Pineville wrong

    DOT fixes sign for new 485 flyover that spelled Pineville wrong

    Friday, July 25 2014 1:40 PM EDT2014-07-25 17:40:30 GMT
    Thursday morning the Department of Transportation officially opened a ramp from Johnston Road to I-485. The flyover ramp opened around 5:15 a.m.
    Thursday morning the Department of Transportation officially opened a ramp from Johnston Road to I-485. The flyover ramp opened around 5:15 a.m.
  • 2 charged with first-degree murder in beating death of UNC professor, cancer researcher

    2 charged with first-degree murder in beating death of UNC professor, cancer researcher

    Friday, July 25 2014 9:00 AM EDT2014-07-25 13:00:14 GMT
    A UNC research professor was robbed and beaten to death Wednesday afternoon on University Drive in Chapel Hill, police said.
    A UNC research professor was robbed and beaten to death Wednesday afternoon on University Drive in Chapel Hill, police said.
  • VIRAL VIDEO: If you own a dog, prepare to happy cry

    If you own a dog, prepare to happy cry

    The video says it all.
    The video says it all.
Powered by WorldNow

WSLS 10, P.O. Box 10
Roanoke, VA 24022-0010

Telephone: 540.981.9110
Fax: 540.343.3157
Email: news@wsls.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.