Here’s everything you need to know about today’s trading action…
Archive for February 3rd, 2012
Friday 21:15 GMT. Global equity indexes rose on Friday and the S&P 500 extended its best start for the year since at least 1997 after better-than-expected US jobs data joined improving service sector surveys …
Nasdaq Hits 11-Year High as Stocks Jump Stocks rose after the U.S. economy added more jobs than expected last month, driving the Nasdaq Composite to an 11-year high and pushing the Dow within reach of its highest reading in almost four years.
U.S. stocks jumped Friday after a surprisingly strong jobs report enlivened hopes that the economic recovery was picking up speed. The Dow Jones Industrial Average rose 156.82 points, or 1.2%, to 12,862.23, its highest close since May 2008.
U.S. stocks surged at the open Monday after a stronge-than-expected report on January job growth. Unemployment declined to 8.3%.
Stocks added to sharp gains Friday after Wall Street cheered a monthly government employment report that blew past estimates and a handful of positive economic news.
Stocks tend to be most volatile around earnings season, when a good or bad report can make or break it. However, a good or even great earnings report doesn’t necessarily translate into a huge pop for a …
U.S. stocks leapt on Friday as Wall Street embraced employment rising more than expected last month and the jobless rate dropping to a three-year low
Investors bid up U.S. financial stocks at the open Friday as the stock market surged on better-than-expected U.S. jobs data. The Financial Select SPDR ETF , which tracks financial companies in the S&P 500 , gained 2% to $14.63.
Profits reside in the ride ahead.