News

June payrolls data lifts Dow Jones to record high

June payrolls data lifts Dow Jones to record high

ECONOMY:The Dow topped 17,000 for the first time ever. Photo: Reuters

NEW YORK (Reuters) – Wall Street’s holiday-shortened session ended with multiple records on Thursday, with the Dow topping 17,000 for the first time ever after the June non-farm payrolls report came in much stronger than expected.

The Dow Jones industrial average <.DJI> rose 92.02 points or 0.54 percent, to end unofficially at 17,068.26.

The S&P 500 <.SPX> gained 10.82 points or 0.55 percent, to finish unofficially at 1,985.44.

The Nasdaq Composite <.IXIC> added 28.19 points or 0.63 percent, to close unofficially at 4,485.93.

(Reporting by Chuck Mikolajczak; Editing by Jan Paschal)

Recent Headlines

in National, Sports

Ohio State University fires marching band director

osu

OSU has fired the director of its celebrated marching band amid allegations he knew about "serious cultural issues" including sexual harassment.

in Sports

Ravens’ Rice suspended 2 games

rice

Pro Bowl running back Ray Rice has been suspended without pay for the first two games of the season for violating the league's personal conduct policy.

in Viral Videos

Riding whales with kayaks

Whale Kayaking

This kayaker takes whale watching to a whole new level.

in National

Unemployment claims at lowest level since ’06

jobs

The number of Americans filing new claims for unemployment benefits fell to the lowest level in more than eight years last week.

in Sports

Maybin banned 25 games for doping violation

sandiego

San Diego Padres outfielder Cameron Maybin has been suspended for 25 games.