Stocks close week higher for first time in month

By Associated Press
Posted Sep. 3, 2010 at 3:19 p.m.

The stock market has posted its first winning week in a month after news on the economy started getting better.
The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains. The strong start to September marked a turnaround from a dismal performance in August.

A better report on job creation Friday was the latest piece of good news on the economy and pushed shares higher.

The Dow closed up 127.83, at 10,447.93.

The S&P 500 rose 14.41, to 1,104.51, and the Nasdaq rose 33.74, to 2,233.75.

About three stocks rose for every one that fell on the New York Stock Exchange, where volume was 950 million shares.

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