Strong Jobs Report Sends Dow to Highest Since '08
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Updated: 4:50 PM Feb 3, 2012
Strong Jobs Report Sends Dow to Highest Since '08
The Dow jumped 157 points Friday to close at 12,862.
Posted: 4:50 PM Feb 3, 2012
Reporter: Associated Press
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New York, NY (AP) - The Dow Jones industrial average has closed at its highest level since before the 2008 financial crisis.

The Dow jumped 157 points Friday to close at 12,862. That's the highest since May 2008. The Nasdaq composite index closed at its highest level since December 2000.

Before the market opened, the Labor Department said companies hired 243,000 employees in January. That's the strongest job growth in nine months. The increase in hiring pushed the unemployment rate down to 8.3 percent.

The S&P 500 index added 19 points, or 1.5 percent, to 1,345.

More than four stocks rose for every one that fell on the New York Stock Exchange. Trading volume was 4.6 billion shares.

Latest Comments

Posted by: Kevin aka Reality Location: Monticello on Feb 5, 2012 at 04:03 PM

And these New fangled jobs are where ? The "Math " "Engineer" circle directing those good ol dirivitives? Or the Upper echelon "White collar" sector ? Not many new private sector jobs for average people here in North Fl last time i looked (yesterday) hmmm stocks , numbers , and gas prices .....they say they have no input.
Posted by: Anonymous on Feb 5, 2012 at 12:35 PM

You win the entire internet!!
Posted by: SuperciliousJack on Feb 4, 2012 at 11:18 PM

What happened to Jack?
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