Finance & Stock Market News

US STOCKS SNAPSHOT-Wall St extends gains after Treasury auction

Thu, 30th Jul 2009 18:26

NEW YORK, July 30 (Reuters) - U.S. stocks kept climbing on Thursday after the Treasury Department's record $28 billion auction of 7-year notes attracted solid bidding.

Thursday's rally has been driven by strong corporate results and a drop in the number of Americans staying on jobless benefits.

The Dow Jones industrial average gained 160.07 points, or 1.76 percent, to 9,230.79. The Standard & Poor's 500 Index gained 18.51 points, or 1.90 percent, to 993.66. The Nasdaq Composite Index gained 27.88 points, or 1.42 percent, to 1,995.64.

(Reporting by Rodrigo Campos; Editing by Jan Paschal) Keywords: MARKETS STOCKS/AUCTION

(rodrigo.campos@thomsonreuters.com; + 1 646-223-6344; Reuters Messaging: rodrigo.campos.reuters.com@reuters.net )

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