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VOL. 37 | NO. 45 | Friday, November 08, 2013

Dow hits another high on hiring surge last month

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NEW YORK (AP) — The Dow Jones industrial average is closing at another record high after the government reported an unexpected surge in hiring last month.

The Dow rose 167 points, or 1.1 percent, at 15,761. JPMorgan Chase and Goldman Sachs rose the most in the Dow. The index also closed at a record high on Wednesday.

The Standard & Poor's 500 rose 23 points, or 1.3 percent, to 1,770, just one point below the all-time high it set on Oct. 29.

The Nasdaq composite rose 61 points, or 1.6 percent, to 3,919.

Trading volume was heavier than usual.

Treasury prices fell after the U.S. reported that employers added 204,000 jobs last month, more than economists expected. The yield on the 10-year note jumped to 2.75 percent, the highest in six weeks.

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TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0