Go Finance Reporting in NEW YORK - Stock markets United States (U.S.) driving in lane closed positive on Friday trading. The increase in the United States stock market was driven by strong among the number of jobs created by the U.S. Labor Department in April.
However, the number of jobs provided by the U.S. Department of Labor is not enough to reduce unemployment in the U.S., so this is making U.S. stocks suffered a sharp fall on the previous day.
As reported by the AFP website on Saturday (05/07/2011) The Dow Jones closed up by 54.57 points, or 0.43 percent to 12,638.74 after an increase levels as much as 175 points in early trading.
For the S & P 500 index also rose 5.40 points, or 0.38 percent, to 1340.20. While the increase was followed by the Nasdaq Composite index rose by 12.84 points or 0.46 percent to 2827.56.
Fall in commodity prices the past few days to make the fall in some index with more than one percent, except that it also triggered by non-agricultural data indicated by the U.S. as much as 224 thousand U.S. economy entered into the data.
Meanwhile, the private sector create 268 thousand jobs a strong services sector is likely to offset the loss of local and federal jobs.
Nevertheless, according to U.S. Labor Department data, the overall unemployment rate in the U.S. has increased slightly from 8.8 percent to nine percent. (GoFinance)
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