Dow Seesaws on Jobs, Dollar, Then Closes Up 22
Jobs rally undercut by, dollar boom, sinking commodities
By Nick McMaster,  Newser Staff
Posted Dec 4, 2009 3:16 PM CST
Trader Frederick Reimer works on the floor of the New York Stock Exchange Friday, Dec. 4, 2009.   (AP Photo/Richard Drew)
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(Newser) – Stocks posted modest gains today after a morning rally off an unexpectedly strong jobs report. The surge lost steam when a rise in the dollar sapped commodity stocks, the Wall Street Journal reports.

  • The Dow rose 22.75 points to close at 10,388.90.
  • The Nasdaq added 21.21, settling at 2,194.35.
  • The S&P 500 gained 6.06, closing at 1,105.98.

 

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