Jobs report. That both exceeded expectations and eased fears of a labor market and economic slowdown. The Dow Jones Industrial average soared 191 points to 18,543. Not a rory, but the records were nasdaq up 54 and s p 500, which gained 18. Here are the numbers that sparked the rally. Employers added 255,000 jobs, much better than the 179,000 economists expected the jobless rate held steady at 4. 9 as more americans looked for work and wages picked up. We have two reporter tonight, Hampton Pearson on the best twomonth stretch of hiring this year, but we begin bob pisani. Its been a broad rally. The s p mid cap and small cap indices are at historic highs. Reme we didnt have far to go in the first place. The s p 500 was never more than about 1 from an historic high in the past month, so in addition to the rally in a major indices, the rally is showing signs of classic rotation. In the last several week, technology and bio tech have been big market leaders. So names like microsoft have bee
That both exceeded expectations and eased fears of a labor market and economic slowdown. The Dow Jones Industrial average soared 191 points to 18,543. Not a rory, but the records were nasdaq up 54 and s p 500, which gained 18. Here are the numbers that sparked the rally. Employers added 255,000 jobs, much better than the 179,000 economists expected the jobless rate held steady at 4. 9 as more americans looked for work and wages picked up. We have two reporter tonight, Hampton Pearson on the best twomonth stretch of hiring this year, but we begin bob pisani. Its been a broad rally. The s p mid cap and small cap indices are at historic highs. Reme we didnt have far to go in the first place. The s p 500 was never more than about 1 from an historic high in the past month, so in addition to the rally in a major indices, the rally is showing signs of classic rotation. In the last several week, technology and bio tech have been big market leaders. So names like microsoft have been str time, p
Jobs report. That both exceeded expectations and eased fears of a labor market and economic slowdown. The Dow Jones Industrial average soared 191 points to 18,543. Not a rory, but the records were nasdaq up 54 and s p 500, which gained 18. Here are the numbers that sparked the rally. Employers added 255,000 jobs, much better than the 179,000 economists expected the jobless rate held steady at 4. 9 as more americans looked for work and wages picked up. We have two reporter tonight, Hampton Pearson on the best twomonth stretch of hiring this year, but we begin bob pisani. Its been a broad rally. The s p mid cap and small cap indices are at historic highs. Reme we didnt have far to go in the first place. The s p 500 was never more than about 1 from an historic high in the past month, so in addition to the rally in a major indices, the rally is showing signs of classic rotation. In the last several week, technology and bio tech have been big market leaders. So names like microsoft have bee
Mr. Herger i thank my good friend. How wonderful it is to be able to sit here and listen to all these incredibly warm remarks from people who, like myself, know and love jay pearson. And theres a reason for that. Jay, youre one of the best of the best. And i think, its hard to believe that 26 years comes and goes so very, very quickly, but it was 26 years ago when i first came here. And of course, you come here and youre excited and you come here with a dream, because of our great country and preserve our constitution, but, boy, theres a lot to learn. Theres a lot of hall ways to figure out. There are a lot of procedures to try to figure out how to work our way through. And jay, you were always there. You were there to a guy like myself that i could come up to on the q t and asked jay, what could do next . What is this vote on . When is the procedures coming up next . And no matter what the question, jay pearson had the correct answer in a way that even a freshman or one that was new l
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