Dow Jones Industrial Average index edges higher on US jobs data

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Source: Dukascopy Bank
Dow Jones Industrial Average index extended gains on Thursday lifted by improved investor sentiment after better than expected US jobs and manufacturing data. Blue chip index surged 0.44% or 58.66 points and closed at 13,252.76 led by heavyweight banks. Bank of America jumped 4.5% and JP Morgan advanced 26%. On the downside Cisco Systems fell 1.4% on news computer network equipment provider will buy video technology company NDS Group Ltd for about USD 5 billion. 

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Fri, 16 Mar 2012 14:15:05 GMT

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