Stocks Finish Flat After Good News About Jobs

NEW YORK (October 11, 2012)--Stocks ended the day Thursday close to break-even despite some good news on jobs.

The U.S. Labor Department said earlier in the day applications for unemployment benefits fell last week to 339,000, the lowest in more than four years.

Economists also look at the four-week average, and that hit a six-month low.

Stocks were up early in the day, but fell later.

The Dow Jones industrial average finished off 18 points at 13,326.

The Standard & Poor's 500 index was up a fraction of a point to close at 1,432.

The Nasdaq composite index fell two to end the day at 3,049.

Advancing stocks beat decliners by about 2-to-1.

Early numbers show volume was heavier than average, 3.6 billion shares.


KWTX-TV News 10 6700 American Plaza Waco, Texas 76712 (254) 776-1330 Fax (254) 751-1088
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 173772951 - kwtx.com/a?a=173772951