Jobs, manufacturing reports boost stock market
Published: Thursday, April 1, 2010 at 4:10 p.m.
Last Modified: Thursday, April 1, 2010 at 4:10 p.m.
NEW YORK — Stronger reports on jobs and manufacturing boosted stocks ahead of the government's employment report for March.
Stocks rose Thursday on the final day of a shortened week. The stock market will be closed for Good Friday.
Economists predict the Labor Department will report Friday that employers added 190,000 jobs last month. That would mark on the second month of jobs growth since the recession began in December 2007.
Ahead of the report, the Dow Jones industrials rose 71 to close at 10,927. The Standard & Poor's 500 index is up 9 at 1,178. The Nasdaq composite index is up 5 at 2,403.
Three stocks rose for every one that fell on the New York Stock Exchange. Volume came to 910 million shares compared with 1.2 billion Wednesday.
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