Dow Climbs 64 as Investors Await Jobs Report

Fear of Sept. stock pullback drives gold to 6-month high
By Nick McMaster,  Newser Staff
Posted Sep 3, 2009 3:20 PM CDT
Traders and specialists work on the floor of the New York Stock Exchange shortly before the closing bell Tuesday, Sept. 1, 2009, in New York.   (AP Photo/David Karp)
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(Newser) – Stocks jumped today on the strength of blue-chip financials after mostly idling. Volume was low as investors waited for the government’s monthly employment report, due tomorrow, the Wall Street Journal reports. AIG and Citigroup rose, while safe-haven buying pushed gold to almost to $1,000 an ounce, a level not seen since February. The Dow rose 63.94 points to close at 9,344.61. The Nasdaq added 16.13 to close at 1,983.20, and the S&P 500 rose 8.49 to settle at 1,003.24.