The DJIA shot higher after the nonfarm payrolls report for August fell short of estimates
The Dow Jones Industrial Average (DJIA) traded comfortably higher throughout the day -- briefly trading up more than 125 points -- as an August payrolls miss tempered expectations for a September interest rate hike by the Fed. Specifically, the U.S. economy added 151,000 nonfarm jobs last month, compared to 181,000 expected. Rising oil prices also provided a lift for stocks, as crude oil futures snapped their recent losing streak. As such, the Dow grabbed its first weekly win in three weeks.
Continue reading for more on today's market, including:
The Dow Jones Industrial Average (DJIA - 18,491.96) jumped 72.7 points, or 0.4%, for its second straight win. Of the 27 Dow components that closed higher, Boeing Co (NYSE:BA) had the best day, adding 1%. Nike Inc (NYSE:NKE) paced the three losers with a 0.9% loss. The Dow ended the week 0.5% higher.
The S&P 500 Index (SPX - 2,179.98) also closed higher, picking up 9.1 points, or 0.4%. The Nasdaq Composite (COMP - 5,249.90) wasn't left behind, adding 22.7 points, or 0.4%. The SPX closed the week with a 0.5% gain, while the Nasdaq added 0.6%.
The CBOE Volatility Index (VIX - 11.98) dipped 1.5 points, or 11.1%. For the week, the "fear gauge" dropped 12.2%.


5 Items on Our Radar Today:
- The FBI today released the report it compiled on Democratic presidential nominee Hillary Clinton during its investigation into how she handled emails during her time as secretary of state. The report states that Clinton told the FBI she could not recall receiving any training on how to handle classify information. (CNN)
- Earlier today, Hurricane Hermine struck the northwest coast of Florida. The storm left some 250,000 people without electricity, and at least one person has died. (NBC News)
- Is JPMorgan Chase & Co. (NYSE:JPM) on the brink of a breakout?
- The huge L.A. event that sent this video game stock to record heights.
- How Hillary Clinton hit Mylan NV (NASDAQ:MYL) once again.


Data courtesy of Trade-Alert
Commodities:
Oil prices snapped a four-session losing streak thanks to a weaker dollar. October-dated crude futures added $1.28, or 3%, to close at $44.44 per barrel. However, oil still lost 6.7% for the week -- its worst weekly performance in nearly two months.
Gold futures also gained in the face of a softer U.S. currency. December-dated gold futures picked up $9.60, or 0.7%, to end at $1,326.70 an ounce. For the week, gold ended fractionally higher.
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