June 08. 2010 2:00AM - Last modified: March 14. 2012 12:53PM

Stocks turn positive with solid jobs data

By Jim Butman

The stock market moved into positive territory this morning for the first time this week, as investors absorbed the news that job openings at U.S. companies and government agencies increased from a seasonally adjusted 2.8 million in March to 3.1 million in April, the highest in 16 months, according to the U.S. Labor Department.

The largest increases in available jobs were in professional and business services, leisure and hospitality and education and health services. Government job openings fell by 36,000.

The local stocks in the BizTimes Stock Index partook in this morning's timid rally, led by A.O. Smith Corp. (up $1.34 to $46.49) and Bucyrus International Inc. (up 66 cents to $47.52). The largest local decliners this morning were Johnson Controls Inc. (down 32 cents to $26.29) and MGIC Investment Corp. (down 30 cents to $7.15).


 


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