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Dow breaks 17,000 following strong US job gains

By WTOP Staff

NEW YORK (AP) — The Dow Jones industrial average is trading above 17,000 for the first time after the U.S. government reported a big gain in hiring last month.

The government said early Thursday that employers added 288,000 workers in June, far more than economists were expecting.

The Dow was up 79 points, or 0.5 percent, to 17,055 as of noon Eastern time.

The Standard & Poor’s 500 index rose seven points, or 0.4 percent, to 1,981. The Nasdaq composite gained 20 points, or 0.5 percent, to 4,478.

PetSmart jumped 13 percent, the most in the S&P 500 index, after the activist investor Jana Partners disclosed a 9.9 percent stake in the company.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.65 percent.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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