The Joplin Globe, Joplin, MO


May 10, 2012

Dow breaks 6-day losing streak, barely

NEW YORK — The Dow Jones industrial average has broken a six-day losing streak. The Dow notched a small gain after the government released better unemployment numbers.

The Dow rose 20 points to close at 12,855. Earlier in the day it had risen as much as 97 points. The Standard & Poor’s 500 index rose three points to close at 1,358.

Tech stocks closed slightly lower. The Nasdaq composite index fell a point to close at 2,934. Networking gear maker Cisco Systems plunged more than 10 percent after warning that technology spending appears to be slowing down.

Advancing stocks outnumbered decliners 3-to-2. Volume was light at 3.6 billion shares.

European stocks rose because of signs that then Spanish government will help its banking sector. That boosted financial stocks in the U.S., too.


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A new provision by the U.S. Department of Agriculture allows qualifying districts with high percentages of students on food assistance to allow all students to eat free breakfasts and lunches. Would you agree with this provision?

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