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

GM recalls 717K vehicles, not for ignition switches

generalmotors

General Motors Co. announced six recalls covering more than 700,000 vehicles in the United States for varying reasons.

in National

Senate panel approves Veterans Affairs nominee

mcdonald

Bob McDonald, President Obama's choice to run the VA, looks set for an easy Senate confirmation.

in Sports

Broncos’ owner Pat Bowlen battling Alzheimers, steps down

patbowlen

Bowlen, 70, is one of the NFL's most well-known owners and guided the Broncos to six Super Bowl appearances during his 30 years at the helm.

in National, World

Plane with first coffins of MH17 victims leaves Ukraine

mh17

A Dutch air force plane carrying the first 16 coffins with the remains of victims of the downed Malaysian airliner is on its way to the Netherlands.

in Sports

Wednesday’s Sports Minute

tampabay

A look at the sports news making headlines today, Wednesday, July 23.