Dow Gains, But Nasdaq Slips as Jobs Glee Fades
FOX Business: The Power to Prosper
The blue chips were only modestly higher, and the Nasdaq and S&P 500 were to the downside, as traders took a breather following three days of big gains.
Today's Markets
As of 9:48 a.m. ET, the Dow Jones Industrial Average climbed 34.7 points, or 0.33%, to 11,162, the S&P 500 dipped 0.91 point, or 0.08%, to 1,164 and the Nasdaq Composite fell 9.4 points, or 0.36%, to 2,499.
The economy added 103,000 jobs last month, blowing past consensus estimates of 60,000. The jobs gain wasn't enough, however, to put a dent in the 9.1% unemployment rate. A large portion of the gain in payrolls in September came from the 45,000 Verizon workers who went on strike in August, and came back to work in September.
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Posted-In: FoxBusinessIntraday Update
