US mkts end with marginal gains
April 4th, 2009
But more news on the economic front: the March unemployment rate jumped to the highest level since 1983. The economy lost 663,000 jobs; posting a jobless rate of 8.5%, treasuries slumped after the jobs report was better than economists’ forecast. The benchmark 10-year note yields rose to 2.89%
The ISM (Institute for Supply Management) non-manufacturing index dropped to 40.8 in March versus 41.6 that we saw in February.
The Dow closed up 36 points at 8,018, the Nasdaq added 19 points to close the day at 1,621. The S&P gained 8 points and closed at 843.