Quote:
Originally Posted by Dback Jon
U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report.
The Dow Jones industrial average (INDU) gained 157 points, or 1.2%, the S&P 500 (SPX) added 19 points, or 1.5%, and the Nasdaq composite (COMP) increased 46 points, or 1.6%.
http://money.cnn.com/2012/02/03/mark....htm?hpt=hp_t1 |
Some of it is jobs some of it just an election year tends to lead to optimism so stocks go up. that's why it's a 4 year high, election year 4 years ago.
saw someone on CNBC the other day that said 13,500 on the DOW would start to look like a ceiling if it hit 14 he'd basically be out in cash.
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