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04 Mar 05: US Stocks Rise in Midday Trading


A government report showing stronger-than-expected job growth in the United States boosted stocks Friday morning.

The Dow Jones Industrial Average, the S & P 500 and the NASDAQ all gained six-tenths of a percent or more.

London's Financial Times index gained more than 22 points to close at 5,036. The CAC-40 in Paris ended 30 points higher at 4,092. The DAX index in Frankfurt moved up 50 points (more than one percent) to close at 4,424.

Earlier in Asia, Tokyo's Nikkei index gained 17 points to finish at 11,873. Hong Kong's Hang Seng index fell 162 points (more than one percent) to end at 13,731.

The price of gold was up more than five dollars (a gain of more than one percent), trading at 435 dollars and 27 cents an ounce in New York.

The dollar in London is down against the yen and the euro.

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