A better-than-expected August jobs report was sending stocks soaring across the board Friday in advance of the Labor Day weekend.
Business Spectator - Jobs data cools rate concerns::
Send to a friend. * Your name: * Your email address: * Recipients email addresses: US stocks soar after steady Fed. 6:39 AM. News Corp Q4 profit up 27% 7:25 AM
http://www.businessspectator.com.au/bs.nsf/Article/Strong-jobs-fincerns-DK5XR?OpenDocumentHOME |
The Labor Department reported Friday that non-farm payrolls rose 124,000 and the unemployment rate remained at 4.2 percent. The payroll jump was substantially lower than the 215,000 economists were expecting, relieving inflation fears and possibly making it less likely that the Federal Reserve will raise interest rates when it next meets in October.
Private sector added 130,000 jobs in January, ADP survey says - MarketWatch::
U.S. stock futures point to mixed start, housing data ahead. The 10 most overpaid jobs in the U.S. Inflation fears send mortgage rates soaring
http://www.marketwatch.com/news/story/private-sector-added-1300009-42DB-B2B1-0655ACE594E5}HOME |
US stocks fall sharply on surge in oil, jobs data; Dow Industrials ::
And on Wall Street, crudes soaring price intensified worries that ever Bond prices jumped Friday after the weak jobs data sent investors scurrying for safety.
http://www.iht.com/articles/ap/2008/06/06/business/NA-FIN-MKT-US-Closing-Stocks.phpHOME |
All the sector leaders were higher including America Online Inc. (AOL) up 4-7/8 to 96-1/8, CMGI Inc. (CMGI) gaining 3-3/4 to 83-7/8, Amazon.com Inc. (AMZN) up 1-15/16 to 62-1/8 and eBay Inc. (EBAY) up 6-11/16 to 128-1/8.
Also moving higher were Broadcom Corp. (BRCM), up 4-1/2 to 129-5/16, BroadVision (BVSN) climbing 5-11/16 to 105, Ariba (ARBA) gaining 6-5/8 to 137-5/8, CNET Inc. (CNET) up 4 to 39-7/16, DoubleClick Inc. (DCLK) climbing 3-3/4 to 97-1/4, Go2Net Inc. (GNET) up 3-1/4 to 66-1/2, Real Networks Inc. (RNWK) gained 5-5/8 to 85-3/4 and Yahoo! Inc. (YHOO) climbed 9-1/16 to 150-5/8.
wcbstv.com - Jobs Report Boosts Stocks; Dow Up 101::
Send E-mail | Print. Jobs Report Boosts Stocks; Dow Up 101 Stocks Soar After Drop In Oil Prices. Bennigans Restaurants Close Nationwide
http://wcbstv.com/business/Jobs.Dow.Stocks.2.265025.htmlHOME |
Stocks fall sharply on jobs data, oil surge::
Stocks fall sharply on jobs data, oil surge, NEW YORK - Wall Street tumbled Friday after the government reported a jump in unemployment that was much larger than the
http://www.azcentral.com/business/news/articles/2008/06/06/20080606biz-StocksMorning-06.htmlHOME |
The day wasn't as good for Juniper Networks (JNPR) which had fallen 4-7/8 to 193-3/4. Shares fell earlier this week after the company announced plans for a secondary offering, just months after going public.
cbs4denver.com - Wall Street Stocks Fall On Weak Jobs Report, Wal-Mart ::
Stocks Soar After Drop In Oil Prices (7/29/2008) Weak Jobs Data Worries White House, Wall Street. Colorado Foreclosure Filings Growing
http://cbs4denver.com/business/stocks.wall.street.2.789894.htmlHOME |
Jerry Knight - Jobs Report Sends Dow Soaring to Triple Digits ::
Strong job growth and weak energy prices triggered a broad stock market rally today. to protect all your critical data>> Earn 3.00% APY at ING DIRECT.
http://www.washingtonpost.com/wp-dyn/content/article/2006/03/10/AR2006031001507.htmlHOME |
One of the day's few losers was National Discount Broker Group Inc. (NDB), plunging 5-3/8 to 25-7/8. Late Thursday the company announced fiscal first-quarter earnings would come in below expectations. NDB expects revenues to come in about 4 percent below analysts' forecasts of $55 million for the quarter ended Aug. 31. That means NDB's earnings will range from a profit of 2 cents a share to a 1-cent loss. Analysts had forecast a 21-cent profit.
Elsewhere in the e-finance sector, E*Trade Group Inc. (EGRP) was up 11/16 to 24-13/16, DLJdirect (DIR) was off 1/8 to 17-1/4, Ameritrade Holding Corp. (AMTD) was up 3/16 to 20-1/8 and Southwest Securities Group (SWS), parent of Mydiscountbroker.com had fallen 15/16 to 31-15/16.
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