Stocks Rally After Jobs Report Announces First Drop in Unemployment Rate This Year

Stocks once again rallied today as investors were pleased with a much better-than-expected jobs report. The Dow Jones industrial average climbed 113 points to close at 9,370, closing off another straight up week on Wall Street. The Standard & Poor's 500, the broadest index of the nation's corporate economy, rose 1.3 percent to close at 1,010, a 10-month high. The Nasdaq rose 1.37 percent today to close at 2,000. With the pop Friday, the S&P 500 index is up 14.9 percent in only four weeks and...Full Story
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