U.S. markets wobble to close mixed

New York -- U.S. markets closed mixed Wednesday with Tuesday's rally jolted back to earth by a private industry report that said the economy lost jobs in September.

Payroll firm Automatic Data Processing Inc., said the economy lost 39,000 private sector jobs in August to September. Goods producing jobs dropped by 45,000 in the month while service-providing jobs rose by 6,000, the report said.

The Dow Jones industrial average closed higher, adding 22.93 points, 0.21 percent to 10,967.65. The Standard & Poor's 500 index lost 0.78 points, 0.07 percent, to 1,159.97. The Nasdaq composite index dropped 0.8 percent, 19.17 points, to 2,380.66.
On the New York Stock Exchange, 1,399 stocks advanced and 1,574 declined on a volume of 3.9 billion shares traded.

The benchmark 10-year Treasury note rose 22/32 to yield 2.394 percent.

The euro fell to $1.393 from Tuesday's $1.3836. Against the yen, the dollar rose to 82.96 yen from Tuesday's 83.20 yen.

Gold prices rose, climbing to a record $1,3929 per ounce on the New York Mercantile Exchange, as investors ducked uncertain currency markets for a safer bet.

In Tokyo, the Nikkei 225 index added 1.81 percent, 172.67, to 9,691.43.

In London, the FTSE 100 index rose 0.81 percent, 45.63, to 5,681.39.

Copyright 2010 United Press International, Inc. (UPI).

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