Dow ends over 16,000 for first time

Dow Jones industrial index closed up 109.17 points, or 0.69 per cent at new high of 16,009.99 for first time on improved U.S. jobless data and subdued inflation.
S&P 500 rose 14.48 points, or 0.8 pe rcent, to 1,795.85, on financial stocks, while telecom shares were worst performing of the 10 major industry groups.

Nasdaq composite gained 47.88 points, or 1.2 per cent at 3,969.15.