Stocks Barely Budge Despite Jump in Job Creation

By: Associated Press
By: Associated Press

New York, NY (AP) - Stocks are ending with meager gains after a
strong report on job creation failed to excite investors.

The weak performance Friday came a day after stocks soared on
enthusiasm over the Federal Reserve's $600 billion plan to
stimulate the economy.

Kraft was the worst-performing stock among the 30 that make up
the Dow Jones industrial average after the food company reported
weak earnings.

According to preliminary calculations, the Dow rose 9, or 0.1
percent, to 11,444.

The S&P 500 index rose 5, or 0.4 percent, to 1,226, and the
Nasdaq edged up 2, or 0.1 percent, to 2,579.

Rising shares outpaced declining ones on the New York Stock
Exchange, where volume came to 1.2 billion shares.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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