Stock markets in the United States rose yesterday, snapping a four-day losing streak, after stronger-than-expected retail sales data eased concerns about the economy before today's important jobs data.
After sharp declines this week, the broad S&P 500 index finished above 1,000 as retailers' August sales were complemented by a survey showing improvement in the U.S. services sector.
The Dow Jones industrial average was up 63.94 points, or 0.7%, at 9344.61. The Standard & Poor's 500 index was up 8.49 points, or 0.9%, at 1003.24. The Nasdaq Composite Index was up 16.13 points, or 0.8%Source