US stock markets enjoy minor gains

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Published: Friday 7th November 2014 by The News Editor

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The US stock market is ending the week with meagre gains, sending major indexes further into record territory.

The Labour Department said that US employers added 214,000 jobs in October. That was a solid number but still was less than what economists were looking for.

The Standard & Poor’s 500 index edged up a fraction of a point to 2,031. The Dow Jones industrial average rose 19 points, or 0.1%, to 17,573.

The Nasdaq composite fell six points, or 0.1%, to 4,632.

Humana sank 7% after the health insurer reported earnings that did not meet analysts’ forecasts.

Bond prices rose but the yield on the 10-year Treasury note fell to 2.30%.

Published: Friday 7th November 2014 by The News Editor

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