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U.S. markets turned up Friday morning a day after U.S. Treasury Secretary Timothy Geithner said the economy was presumed to be growing. The consensus among private forecasters is that our economy is now growing; the financial system is showing signs of repair ... It is clear we have stepped back from the brink, Geithner told members of the Congressional Oversight Panel monitoring the financial recovery effort. In midmorning trading, the Dow Jones industrial average pulled ahead after a slow...

U.S. markets pulled ahead after a hesitant start Thursday after the Labor Department announced a substantial drop in first time unemployment claims. The Labor Department said first time jobless claims dropped by 26,000 in the week ending Sept. 5. with 550,000 claims filed. The four-week rolling average for first time claims also declined, falling by 2,750 to 570,000. In early afternoon trading, the Dow Jones industrial average gained 60.61 points, 0.63 percent, to 9,607.83. The Standard...

U.S. markets pulled ahead after a hesitant start Thursday after the Labor Department announced a substantial drop in first time unemployment claims. The Labor Department said first time jobless claims dropped by 26,000 in the week ending Sept. 5, with 550,000 claims filed. The four-week rolling average for first time claims also declined, falling by 2,750 to 570,000. By close, the Dow Jones industrial average gained 80.26 points, 0.84 percent, to 9,627.48. The Standard & Poor's 500 index...

U.S. markets wavered Thursday morning after two days of advances despite a drop in weekly unemployment benefit claims. The Labor Department said first time jobless claims dropped by 26,000 in the week ending Sept. 5. with 550,000 claims filed. The four-week rolling average for first time claims also declined, falling by 2,750 to 570,000. In midmorning trading, the Dow Jones industrial average lost 22.29 points, 0.23 percent, to 9,524.93. The Standard & Poor's 500 index lost 0.38 percent,...

U.S. stock indexes turned higher Wednesday, despite a record drop in consumer credit in July. The U.S. Federal Reserve said Tuesday that consumer credit dropped by $26.1 billion in July with a $6.1 billion decline in revolving debt and a $15.4 billion fall in non-revolving debt. By close, the Dow Jones industrial average added 49.88 points, 0.53 percent, to 9,547.22. The Standard & Poor's 500 rose 0.78 percent, 7.98 points, to 1,033.37. The Nasdaq index gained 1.11 percent, 22.62 points,...

U.S. stock indexes turned higher Wednesday, despite a record drop in consumer credit in July. The U.S. Federal Reserve said Tuesday that consumer credit dropped by $26.1 billion in July with a $6.1 billion decline in revolving debt and a $15.4 billion fall in non-revolving debt. Despite the pull back from borrowing, the Dow Jones industrial average added 61.07 points, 0.64 percent, to 9,557.58 in early afternoon trading. The Standard & Poor's 500 rose 0.92 percent, 9.39 points, to...

U.S. stock indexes turned higher Wednesday morning, despite a record drop in consumer credit in July. The U.S. Federal Reserve said Tuesday that consumer credit dropped by $26.1 billion in July with a $6.1 billion decline in revolving debt and a $15.4 billion fall in non-revolving debt. Despite the pull back from borrowing, the Dow Jones industrial average added 32.35 points, 0.34 percent, to 9,529.69 in midmorning trading. The Standard & Poor's 500 rose 0.38 percent, 3.87 points, to...

U.S. markets headed up Tuesday morning after the Labor Day holiday break, as gold and silver prices climbed on the New York Mercantile Exchange. Gold climbed to $1,002.40 per troy ounce, the highest since it set a record in March 2008 at $1,038.60. Silver climbed to $16.67 per troy ounce. In midmorning trading, the Dow Jones industrial average gained 21.16 points, 0.22 percent, to 9,462.43. The Standard & Poor's 500 rose 0.65 percent, 6.57 points, to 1,022.97. The Nasdaq index added...

U.S. markets shrugged off August's higher unemployment rate Friday, heading up after the Labor Department's early announcement. The department said the jobless rate added 0.3 percentage points to reach 9.7 percent in August on the loss off 216,000 jobs. Construction, manufacturing and finance sectors lost jobs. The healthcare sector added 28,000 positions in the month. By close, the Dow Jones industrial average gained 96.66 points, 1.3 percent, to 9,441.27. The Standard & Poor's 500 rose...

U.S. markets shrugged off August's higher unemployment rate Friday, heading up after the Labor Department's early announcement. The department said the jobless rate added 0.3 percentage points to reach 9.7 percent in August on the loss off 216,000 jobs. Construction, manufacturing and finance sectors lost jobs. The healthcare sector added 28,000 positions in the month. In midmorning trading, the Dow Jones industrial average gained 20.70 points, 0.22 percent, to 9,365.31. The Standard &...