October 5, 2009

U.S. markets close higher

U.S. markets closed higher Monday after ending lower in four of five trading sessions last week.

Investors were beset by a flurry of government reports last week, including a Friday report that said unemployment rose from 9.7 to 9.8 percent on the loss of 263,000 jobs in September.

By close Monday, the Dow Jones industrial average added 112.75 points, 1.18 percent, to 9,599.75. The Standard & Poor's 500 gained 1.49 percent, 15.25 points, to 1,040.46. The Nasdaq composite index rose 0.98 percent, 20.04 points, to 2,068.15.

On the New York Stock Exchange, 2,535 stocks advanced and 512 declined on a volume of 4.3 billion shares traded.

The benchmark 10-year Treasury rose 1/32 to yield 3.217 percent.

The euro rose to $1.4654 compared to Friday's $1.4571. Against the yen, the dollar fell to 89.51 yen from Friday's 89.74 yen.

In Tokyo, the Nikkei 225 average fell 0.59 percent, 57.38 points, to 9,674.49.

In London, the FTSE 100 added 35.63 points, 0.71 percent, to 5,024.33.