Monday, May 25th18.6°C
26402

Dow Jones industrial average breaks above 17,000 following strong US job gains

NEW YORK, N.Y. - The Dow Jones industrial average is trading above 17,000 for the first time after the U.S. government reported a big gain in hiring last month.

The government said early Thursday that employers added 288,000 workers in June, far more than economists were expecting.

The Dow was up 79 points, or 0.5 per cent, to 17,055 as of noon Eastern time.

The Standard & Poor's 500 index rose seven points, or 0.4 per cent, to 1,981. The Nasdaq composite gained 20 points, or 0.5 per cent, to 4,478.

PetSmart jumped 13 per cent, the most in the S&P 500 index, after the activist investor Jana Partners disclosed a 9.9 per cent stake in the company.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.65 per cent.

The Canadian Press


Read more Business News

25538


Recent Trending




Today's Market
S&P TSX15190.41-10.35
S&P CDNX700.73-2.75
DJIA18232.02-53.72
Nasdaq5089.36-1.43
S&P 5002126.06-4.76
CDN Dollar0.8122-0.0011
Gold1204.30+1.30
Oil60.67-0.74
Lumber273.80+3.70
Natural Gas2.887-0.064

 
Okanagan Companies
Pacific Safety0.14+0.01
Knighthawk0.010.00
QHR Technologies Inc1.49+0.01
Cantex0.03-0.01
Anavex Life Sciences0.425+0.053
Metalex Ventures0.09+0.00
Russel Metals25.84+0.05
Copper Mountain Mining1.36-0.02
Colorado Resources0.105+0.005
ReliaBrand Inc0.0048-0.0049
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.17-0.00
Decisive Dividend Corporation2.20+0.60

 



26401

FEATURED Property
2215308871 Kuipers Crescent
4 bedrooms 3 baths
$712,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Cash stressed seniors

Photo: Thinkstock.comFor many Canadian homeowners, their house represents the biggest portion of their net worth. Now, increasing numbers of seniors are starting to recognize the hidden value of their...


Do or do not

Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...


Penetrate the smokescreen

Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...

_



25217

26418


Member of BC Press Council


25895