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Old March 9th, 2018, 12:37 PM   #1
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Job Growth Blows Away Estimates; Market Up Huge

Stocks posted sharp gains Friday, with the tech-heavy Nasdaq hitting a record high, as investors reacted to stronger February job growth than expected.

The Dow Jones Industrial Average rallied 440.52 points, or 1.77%, to 25,335.74. The S&P 500 rose 47.60 points, or 1.74%, to 2,786.57. The Nasdaq Composite jumped 132.86 points, or 1.79%, to 7,560.81.

Dow jumps 441 points, Nasdaq hits record as February job growth blows past estimates | Fox Business

We should be DANCING IN THE STREETS!

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Old March 9th, 2018, 02:12 PM   #2
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One thing bothers me. The labor participation rate has not gone up significantly. This means that there are a lot of people out of work who are not looking for work.
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Old March 9th, 2018, 02:17 PM   #3
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Quote:
Originally Posted by mcstites View Post
One thing bothers me. The labor participation rate has not gone up significantly. This means that there are a lot of people out of work who are not looking for work.
Obama hounded people to go on Disability, whether they could work or not.
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