Wall Street holds modest gains

Thursday, November 26, 2009 » 09:21am


LIVE News: Watch now
 
 
Share|
 
 

US stocks managed to hold modest gains overnight after a series of economic reports led by better-than-expected data on jobless claims kept the mood positive ahead of the Thanksgiving Day holiday.

The Dow Jones Industrial Average drifted up 30.69 points or 0.29 per cent to close at 10,464.40 its best closing level since October 2 2008.

The tech-heavy Nasdaq composite rose 6.87 points or 0.32 per cent to 2,176.05.

He Standard Poor's 500 index added 4.98 points 0.45 per cent to 1,110.63.