USA-FILE-MARKETS OPEN-JOBS-JP MORGAN Wall Street opens higher on robust payrolls report. JP Morgan says 83 million accounts compromised in recent hacking beach.

Record ID: 643484

  • Title: USA-FILE-MARKETS OPEN-JOBS-JP MORGAN Wall Street opens higher on robust payrolls report. JP Morgan says 83 million accounts compromised in recent hacking beach.
  • Date: 3rd October 2014
  • Summary: FERNDALE, MICHIGAN, UNITED STATES (FILE - FEBRUARY 22, 2012) (REUTERS) VARIOUS OF WORKERS AT THE GARDEN FRESH SALSA AND HUMMUS FACTORY JUST OUTSIDE DETROIT FLINT, MICHIGAN, UNITED STATES (FILE - FEBRUARY 24, 2012) (REUTERS) VARIOUS OF GM LIGHT TRUCK/PICKUP MANUFACTURING NEW YORK CITY, NEW YORK, UNITED STATES (FILE) (REUTERS) VARIOUS OF JPMORGAN CHASE BANK HEADQUARTERS
  • Embargoed: 18th October 2014 13:00
  • Keywords:
  • Topics: General
  • Reuters ID: LVA73TGMOAWAO0OL6V129NDXEUAH
  • Story Text: U.S. stocks were higher on Friday (October 3) after the September jobs report came in ahead of expectations, though major indexes remained on track for a second straight weekly decline.
    The day's gains were broad, with nine of the 10 primary S&P 500 sectors rising on the day, led by healthcare and financial names. The only declining group, utilities, down 0.3 percent, is considered a defensive play.
    The non-farm payroll report showed 248,000 jobs added in the month, considerably more than the 215,000 that had been expected. August's number was revised up to 180,000 from 142,000. The report eased concerns about the pace of economic growth, and was also not seen as so strong that it would influence the Federal Reserve's consideration of how soon to raise interest rates.
    Equities have been volatile of late, with recent trading largely driven by the first diagnosis of a patient with Ebola in the United States. Major indexes have seen sharp intraday swings, with the S&P 500 seeing larger-than-average daily point moves every day this week.
    The Dow Jones industrial average was rising 91.46 points, or 0.54 percent, to 16,892.51, the S&P 500 was gaining 9.85 points, or 0.51 percent, to 1,956.02 and the Nasdaq Composite was adding 24.00 points, or 0.54 percent, to
    4,454.20.
    Names, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan Chase & Co were recently compromised by hackers, making it one of the biggest data breaches in history.
    The bank revealed the scope of the previously disclosed breach on Thursday (October 2), saying that there was no evidence that account numbers, passwords, user IDs, birth dates or Social Security numbers had been stolen.
    It added that it has not seen "unusual customer fraud" related to the attack which exposed contact information for 76 million households and 7 million small businesses.
    The people affected are mostly account holders, but may also include former account holders and others who entered their contact information at the bank's online and mobile sites, according to a bank spokeswoman
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