US STOCKS SNAPSHOT-Productivity, jobless data lift Wall St

05 November 2009 @ 09:41 am EDT

U.S. stocks rose at the open on Thursday after data showed a steep pickup in productivity and a decline in applications for jobless insurance.

* Upbeat results from technology bellwether Cisco Systems Inc (CSCO.O) and a rise in retailers' October same-store sales also boosted equities.

* The Dow Jones industrial average .DJI gained 79.05 points, or 0.81 percent, to 9,881.19. The Standard & Poor's 500 Index .SPX rose 6.78 points, or 0.65 percent, to 1,053.28. The Nasdaq Composite Index .IXIC jumped 23.95 points, or 1.17 percent, to 2,079.47.

Copyright 2009 Thomson Reuters. All rights reserved.

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