Dow Seesaws on Jobs, Dollar, Then Closes Up 22

Jobs rally undercut by, dollar boom, sinking commodities
Posted Dec 4, 2009 3:16 PM CST
Dow Seesaws on Jobs, Dollar, Then Closes Up 22
Trader Frederick Reimer works on the floor of the New York Stock Exchange Friday, Dec. 4, 2009.   (AP Photo/Richard Drew)

Stocks posted modest gains today after a morning rally off an unexpectedly strong jobs report. The surge lost steam when a rise in the dollar sapped commodity stocks, the Wall Street Journal reports.

  • The Dow rose 22.75 points to close at 10,388.90.
  • The Nasdaq added 21.21, settling at 2,194.35.
  • The S&P 500 gained 6.06, closing at 1,105.98.
(More Dow Jones stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X