Saturday, December 6, 2008

Stocks rally despite jobs report

NEW YORK (CNNMoney.com) -- Stocks staged a big comeback Friday, erasing big losses after a brutal November employment report, as investors extended the recent trend of buying despite the bad news.

The Dow Jones industrial average (INDU) jumped 260 points or 3.1%. The Standard & Poor's 500 (SPX) index added 3.7% and the Nasdaq composite (COMP) gained 4.4%.

more details from the following link:
Source: http://money.cnn.com/2008/12/05/markets/markets_newyork/index.htm

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