KKTV - Economy - Headlines

US Stocks Gain On Unemployment Report

Print
By: AP
Posted: Thu 7:57 AM, May 10, 2012

U.S. stocks are higher at the opening bell after the government said weekly jobless claims edged downward last week.

The lower jobless number suggests that employers may accelerate hiring this month.

The Dow Jones industrial average rose 65 points to 12,900 shortly after the opening bell Thursday. The Standard & Poor's 500 gained almost 11 points to 1,365.

Some investors were worried about tech stocks because of a disappointing forecast from networking giant Cisco Systems. Cisco is down 8 percent. But the tech-focused Nasdaq composite index rose 13 points to 2,948.

Before Thursday, the Dow had fallen for six days in a row.

European stocks are higher as talks to form a Greek government push into a fourth day.


Live Traffic Conditions


Follow Me on Pinterest

KKTV Latest Blogs

Resolution FAQ - (Stacia Naquin)

Updated: 05/14/2013 - I'm still focused on meeting my goal of doing a pull-up. And I'm almost there! But I'm always getting this question:

FIT LIFE: You're Never Too Old - (Stacia Naquin)

Updated: 04/09/2013 - Admittedly, there are days that I just don’t feel like working out. But then I met Viola. And if she can make working out a priority at 99, then none of us have any excuses! Here's how she's living a FIT LIFE:

More KKTV Latest Blogs

KKTV 3100 North Nevada Colorado Springs, CO 80907 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 150938615