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
Dow Climbs 64 as Investors Await Jobs Report
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)

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.
(More Dow Jones stories.)

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