Stocks rise on job reports

Discussion in 'Stock Market' started by Chris, Mar 30, 2011.

  1. Chris
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    Chris Gold Member

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    NEW YORK (MarketWatch) — U.S. stocks rose Wednesday, lifting the Dow Jones Industrial Average to a nearly six-week high, as portfolio repositioning ahead of the quarter’s end added to better sentiment on jobs and deal activity.

    After rallying more than 100 points to an intraday high of 12,383.46, the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (DJIA 12,350, +71.22, +0.58%) closed up 71.60 points, or 0.6%, at 12,350.61, its highest close since Feb. 18, and the eighth advance in ten sessions.

    http://www.usmessageboard.com/newthread.php?do=newthread&f=103
     
  2. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Great to see the private sector starting to hire again
     
  3. Trajan
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    Trajan conscientia mille testes

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    well at 70k net jobs a month, that puts on a trajectory to get back to 5% unemployment ( the real number) somewhere in 2016-19.......
     
  4. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Beats the heck out of -700k a month lost under Booooosh
     
  5. Trajan
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    Trajan conscientia mille testes

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    ah yes booooosh......20 months after the end of the recession, yup I guess its time for some jobs.
     
  6. Toro
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    Toro Diamond Member

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    • Thank You! Thank You! x 1
  7. Trajan
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    Trajan conscientia mille testes

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    Last edited: Mar 30, 2011
  8. whitehall
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    whitehall Platinum Member

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    A "SIX WEEK HIGH" in the DOW? Is that considered "mission accomplished" these days?
     
  9. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    So SIX WEEK LOWS in the DOW are now considered positive?:doubt:
     
  10. Mad Scientist
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    Mad Scientist Feels Good!

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    Happy days are here again right? :lol:
     

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