The Dow Jones Industrial Average finished up 127.83 points, or 1.24%, to 10447.93, putting the Dow up 2.9% on the weekâits first positive weekly showing since the beginning of August.
readmore FREEBrazil’s state-run energy company Petrobras launched the world’s largest-ever sale of shares to finance a $224 billion, five-year investment program.
readmore PAIDCorporate bond markets are preparing for a hectic week and month amid ripe conditions for companies to issue debt.
readmore PAIDSingapore intervened in the foreign-exchange market and Korea resumed its intervention after a two-week break, while Japan has signaled it is weighing entering the market for the first time in six years.
readmore FREEASIA, FREEEUROPEThe dollar fell against most of its rivals after a better-than-expected U.S. jobs report soothed nerves that had been jangled by worries over the pace of the recovery.
readmore PAIDGoldman Sachs has decided to close its principal-strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by Congress.
readmore PAIDWall Street traders will return after a long weekend, and probably wonder why. A new app tries to help those who hate long waits at popular bars and restaurants. And the NFL tries to reel in more female fans with air freshener.
readmore NewsAs many talk down the stock market, the smart-money has been buying Motorola and utility Scana. Barron’s John Kimelman reports.
readmore TrendsBrazil’s state-run energy company Petrobras launched the world’s largest-ever sale of shares to finance a $224 billion, five-year investment program.
readmore PAIDThis week, the Dow Industrials rose 297.28 points, or 2.93% to 10447.93, the Nasdaq Composite gained 80.12 points, or 3.72% to 2233.75 and the S&P 500 added 39.92 points, or 3.75% to 1104.51.
readmore By the NumbersMichael Casey talks to Dennis Berman and Brenda Cronin about why the investors remain in a buying mood, powering the Dow to a 127-point gain and its fourth consecutive winning session.
readmore TrendsStocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
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