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Dow Jones Average Creeps Up After Jobs Report

The major stock market indexes have climbed steadily higher to start October. The Dow rose 78 points Monday after the Institute for Supply Management said its gauge of manufacturing rose in September for the first time in four months. For the month, the Dow is up an even 1 percent and the S&P 500 is up 1.4 percent.

Among other stocks making big moves:

â¿¿ Google rose $5.55 to $768.05. The Internet giant and U.S. publishers announced they had settled a seven-year dispute over Google's book-scanning project. A lawsuit filed by authors remains, though.

â¿¿ Sprint Nextel sank 2 percent, or 11 cents, to $5.09. Reports said the wireless carrier may launch a competing bid for MetroPCS Communications. That would pit Sprint against Deutsche Telekom, which plans to merge MetroPCS with its T-Mobile USA unit.

â¿¿ Avery Dennison's stock dropped following news that 3M Co. dissolved an agreement to buy Avery Dennison's office and consumer products division. The Department of Justice had threatened to block the deal, saying that the sale to 3M, the maker of Post-It notes, would curtail competition in the market for sticky labels. Avery Dennison lost $1.38 to $30.07.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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