Wall Street swings to split finish; notches weekly gains

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NEW YORK (AFP) - US stocks finished little changed on Friday (Sept 6) after a ho-hum report on jobs creation and encouraging words from the chairman of the central bank.. Read more at straitstimes.com.

NEW YORK - US stocks finished little changed on Friday after a ho-hum report on jobs creation and encouraging words from the chairman of the central bank.

The benchmark Dow Jones Industrial Average rose 0.3 per cent to 26,797.46. The broader S&P 500 gained less a tenth of a percent, closing at 2,978.71.All three indexes gained between 1.5 per cent and 1.8 per cent for the week, marking their second straight week of gains. Gorilla Trade strategist Ken Berman said the surprisingly weak jobs number is"slightly worrying for bulls" but, given low unemployment and rising wages,"the consumer economy should continue to drive economic growth in the US."

 

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