market alert. the dow jones industrials now standing at close to 11,000. we re up 47.5 on the day. the s&p up 8.6. nasdaq up 23.26. we ve seen the largest monthly payroll growth in three years and investors like that. on the s&p, we re seeing energy driving growth. crude oil stands at 86 bucks a barrel. oil prices have surged to an 18-month high. also, movement for apple on ipad shares. we start in colorado. a special fbi task force is in greeley to help search for 12-year-old kayleah wilson. she vanished more than a week ago. janet shamlian has an update. reporter: the search has really ramped up over the last
a very healthy 211,000 jobs created in the month of april. economists were expecting a lower number than that. the unemployment rate falling to a ten-year low of 4.4%. robust jobs report. there were revisions to the month of february and march for a note loss of 6,000 jobs. remember, march was a weak month for job creation. nevertheless, monthly payroll growth has averaged 185,000 jobs so far this year. nearly matching the pace that we saw in 2016. if there was one weak spot in this jobs report today is how much people are earning. average hourly earnings only growing at 2.5% from a year ago. that pace slowing significantly from december. that is one of the things that created a malaise in this country among workers, those that do have jobs.
the dow closed up nearly 150 points. the nasdaq 151 points. christine romans joins us. good morning. european stocks up. we ve also got futures up this morning. we ll see if it can be day two, there was a pretty good rally yesterday. why the rally? well, there was a report from a private payroll company that showed, private payroll growth of 93,000 and small business hiring as well. and so that was something that really got people excited. if small businesses are hiring, and we re going to start showing private sector jobs growth, how many times have you heard me talk about that, that will be something good for the economy. also car sales really, really good. gm car sales up 11%. ford car sales, 20%. something is happening out there with the consumer. something is happening with a little bit of hiring. also there was some relief, if you will, about china. china has been the engine of global recovery.