Jobs, China Data Boost Stocks After String Of Losses

By Teresa Rivas

Stocks reversed some of the week?s earlier losses to end higher across the board on Thursday, helped by positive data.

The Dow Jones Industrial Average rose 27.65 points, or 0.2%, to 15,498.32.

The Nasdaq gained 15.12 points, or 0.4% to 3,669.12.

The S&P 500 added 6.57 points, or 0.4%, to 1,697.48.

Investors were heartened by an upbeat jobs report and trade data from China.

Tesla (TSLA) was a big winner today, rising to an all-time high on the back of its second-quarter earnings report, although some analysts called for caution.? J.C. Penney (JCP) also rose as investors cheered its CEO search.

However, earnings weighed on Dean Foods (DF). J.P. Morgan (JPM) fell as the government is investigating its dealings in mortgage-backed securities.

Source: http://blogs.barrons.com/stockstowatchtoday/2013/08/08/jobs-china-data-boost-stocks-rise-after-string-of-losses/?mod=BOLBlog

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