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Showing posts with the label ADVFN III World Daily markets Bulletin May 3

ADVFN III World Daily markets Bulletin May 3, 2013.

ADVFN I I I World Daily Markets Bulletin Daily world financial news Friday, 03 May 2013 US Market Stocks Move Sharply Higher On Upbeat Jobs Report Stocks have moved sharply higher in early trading on Friday on the heels of a better than expected monthly jobs report. The major averages have shown strong moves to the upside, with the Dow and the S&P 500 reaching new record highs. The major averages are currently posting standout gains, near their highs for the young session. The Dow is up 148.45 points or 1 percent at 14,980.03, the Nasdaq is up 3.380 points or 39.93 points or 1.2 percent at 3,380.55 and the S&P 500 is up 17.68 points or 1.1 percent at 1,615.27. The early rally on Wall Street comes following the release of a report from the Labor Department showing stronger than expected job growth in the month of April. The Labor Department said non-farm payroll employment increased by 165,000 jobs in April compared to economist estimat