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NEW YORK (AP) — The stock market is closing with its biggest gain in two months. Investors were buoyed today by a government report that shows a pickup in hiring in April. The Dow Jones industrial average climbed 267 points, or 1.5 percent, to 18,191. The S&P 500 gained 28 points, or 1.4 percent, to 2,116 and the Nasdaq composite rose 58 points, or 1.2 percent, to 5,003.
NEW YORK (AP) — The price of oil is up slightly as the dollar weakens. Benchmark U.S. crude rose 45 cents to close at $59.39 a barrel today on the New York Mercantile Exchange, ending a volatile week nearly flat. Oil rose to its highest level in four months on Wednesday and fell sharply yesterday. Brent crude, the benchmark for international oil, fell 15 cents to close at $65.39 in London.
WASHINGTON (AP) — The Food and Drug Administration says it wasn't told listeria had been found in a Blue Bell Creameries plant before an outbreak linked to its ice cream turned deadly. Results of an FDA investigation released this week show the company had found the bacteria dating back to 2013. The FDA says it was not aware of those findings before doing its own inspection this year.
BUENOS AIRES, Argentina (AP) — Argentina is sharply criticizing a group of investment funds in the U.S. for freezing assets in the South American country's embassy in Belgium. The legal fight has its roots in Argentina's $100 billion default in 2001. In 2005 and 2010, the majority of creditors accepted bond swaps with lower payments, but a group of holdouts took their case to court and won
WASHINGTON (AP) — A federal court says the government's search of a traveling businessman's laptop at the California border was unreasonable and violated his privacy. The judge says law enforcement improperly used the South Korean businessman's border crossing as an excuse to seize his computer and gather evidence needed to prove suspected arms control violations.
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