(Bloomberg)--U.S. stocks rose, sending the Dow Jones Industrial Average toward a record close, and Treasuriesfell as a report showed U.S. companies added to payrolls last month. The dollar strengthened with copper and gold.
The Dow gained 0.3% to 16,579.66 at 3:37 p.m. in New York, erasing its loss for the year. The Standard & Poors 500 Index rallied 0.3% to an all-time high. The yield on 10- year Treasuries increased six basis points to 2.81%. The Stoxx Europe 600 Index added 0.2%. The dollar climbed to a two-month high against the yen. Copper advanced 0.2% following an earthquake in Chile and gold jumped for the first time in six days. Crude futures pared earlier losses.
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