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WALL STREET Cheer Jobs Data
The Dow Jones Industrial Average (DJIA – 10,447.93) finished near session highs today, adding 127.83 points, or 1.24%, by the closing bell. In fact, all of the Dow's 30 blue chips settled north of breakeven, led by JPMorgan Chase and Cisco System.
While the Dow's intraday rally ran into resistance in the 10,450 region, the blue-chip barometer still managed to negate its year-to-date deficit, and settle the week atop its 20-week moving average for only the third time since late April.
For the week, the Dow added 2.9%, and already boasts a month-to-date gain of 4.3%.
The Dow Jones Industrial Average (DJIA – 10,447.93) finished near session highs today, adding 127.83 points, or 1.24%, by the closing bell. In fact, all of the Dow's 30 blue chips settled north of breakeven, led by JPMorgan Chase and Cisco System.
While the Dow's intraday rally ran into resistance in the 10,450 region, the blue-chip barometer still managed to negate its year-to-date deficit, and settle the week atop its 20-week moving average for only the third time since late April.
For the week, the Dow added 2.9%, and already boasts a month-to-date gain of 4.3%.
The S&P 500 Index (SPX – 1,104.51) ended with a gain of 14.4 points, or 1.3%, to settle atop the 1,100 level for the first time since Aug. 10. For the week, the broad-market index tacked on an impressive 3.8%, bringing its month-to-date advance to 5.3%.Not to be outdone, the Nasdaq Composite (COMP – 2,233.75) rallied 33.7 points, or 1.5%, toppling its 10-week moving average for the first time in a month. For the week, the tech-rich index gained 3.7%, extending its September lead to an impressive 5.7%.
HAPPY WEEKEND
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