Saudi Arabia to showcase cultural depth at 2025 Beijing Book Fair    207 catheterization and surgical procedures performed for Hajj pilgrims in Madinah    Voluntary Carbon Market and Enowa sign deal to deliver over 30 million tons of carbon credits    Smart applications transform visitor experience and accelerate digital transformation in Saudi tourism    Riyadh residents to receive alerts on nearby infrastructure work    Aramco Chief: Global energy security is threatened amid escalating tensions "Importance of oil and gas cannot be underestimated in times of conflict"    Iran has fired 370 ballistic missiles at Israel since hostilities began, Israel says    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Trump orders increase in migrant deportations    Investigators find cockpit voice recorder from crashed Air India flight    Man suspected of shooting Minnesota lawmakers arrested after huge manhunt    Crown Prince reaffirms Saudi condemnation of Israeli attacks in call with Iran's president    Hajj minister reassures safe departure of Iranian pilgrims in call with head of Iran's Hajj Organization    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Cowboy Beyoncé dazzles nearly sold-out stadium    How to pre-register for VALORANT Mobile    Disney lays off hundreds more as it cuts costs    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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Wall Street Closing
Published in Saudi Press Agency on 08 - 01 - 2010

A rally in financial shares and signs of improvement in the U.S. retail sector boosted stocks Thursday, but gains were limited by concerns ahead of Friday"s government jobs report.
In economic news, U.S. jobless claims rose last week, and the number of Americans continuing to receive unemployment benefits fell to 4.8 million. On Friday, the Labor Department is expected to report that employers cut 35,000 jobs after cutting 11,000 in November. The unemployment rate is expected to hold steady at 10 percent.
Late-season holiday shoppers helped U.S. chain retailers, increasing December sales by 2.9 percent a year after retail sales fell 3.6 percent at the peak of the recession.
The U.S. dollar gained versus the euro and the yen, pressuring dollar-traded commodities. Light sweet crude for February delivery fell 52 cents to $82.66 a barrel on the New York Mercantile Exchange after ending the previous session at a 15-month high. Gold for February delivery fell $2.80 to $1,133.70.
The Dow Jones industrial average rose 33.18, or 0.3 percent, to 10,606.86. Gainers included Boeing, General Electric, and financial firms Bank of America and J.P. Chase Morgan. The broader Standard & Poor"s 500 index rose 4.54, or 0.4 percent, to 1,141.68. The technology-heavy Nasdaq composite index was little changed, falling 1.04 to 2,300.05.
The New York Stock Exchange composite index rose 16.23 to 7,393.93. The American Stock Exchange rose 1.10 to 1,868.02. And the Russell 2000 index rose 4.02 to 641.97.


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