BA cancels flights from London's Heathrow, Gatwick after IT outage
LONDON, May 27 British Airways said it had cancelled all flights from London's Heathrow and Gatwick airports scheduled before 1700 GMT on Saturday due to a global computer outage.
* Dow rises to as much as 19,999.63.
* 156,000 jobs added in December vs est. 178,000
* Nasdaq on track to gain 2.6 pct this week
* Indexes up: Dow 0.49 pct, S&P 0.55 pct, Nasdaq 0.81 pct (Updates to early afternoon)
By Yashaswini Swamynathan
Jan 6 The Dow came within a hair's breadth of hitting 20,000 for the first time ever on Friday as Wall Street staged a swift recovery, helped by technology stocks.
A rise in Apple pushed the three major indexes to record highs.
Apple's shares rose 1.1 percent to $117.86 after Canada's Competition Bureau said it did not find sufficient evidence iPhone maker had engaged in anti-competitive conduct, closing a two-year investigation into the company.
The Nasdaq is on track to be the biggest gainer in Wall Street's first trading week of the year, rising about 2.6 percent. The S&P was set to gain 1.8 percent and the Dow 1.1 percent.
The first record high of the year for the S&P 500 follows a U.S. Labor Department report that showed the economy added fewer-than-expected jobs last month but wages increased, suggesting resilience in the labor market.
At 12:36 p.m. ET, the Dow Jones industrial average was up 97.41 points, or 0.49 percent, at 19,996.7. The index rose to as much as 19,999.63.
The S&P 500 was up 12.55 points, or 0.55 percent, at 2,281.55. The Nasdaq Composite index was up 44.27 points, or 0.81 percent, at 5,532.21, easing slightly from an all-time high of 5,526.38.
Nine of the 11 major S&P 500 sectors were higher, led by the technology sector's 1.06 percent gain.
Amgen rose 3.3 percent, after a U.S. district judge blocked Sanofi and Regeneron from selling their cholesterol drug, which Amgen said infringed its patents. Regeneron was off 7 percent and was the biggest percentage loser on the S&P.
Declining issues outnumbered advancers on the NYSE by 1,673 to 1,081. On the Nasdaq, 1,435 issues fell and 1,140 advanced.
The S&P 500 index showed 11 new 52-week highs and no new lows, while the Nasdaq recorded 37 new highs and eight new lows. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Saumyadeb Chakrabarty)
LONDON, May 27 British Airways flights in Britain were being delayed and passengers were suffering long waits at airports on Saturday because of a global system outage, the airline said.
May 26 Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.