Nov 5th, 2009 - AOL News
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NEW YORK -Encouraging news on jobs and worker productivity gave investors new reason to be optimistic about the economy and pushed stocks to big gains.
The Dow Jones industrial average jumped 150 points Thursday, while the Nasdaq composite index, which has a concentration of technology stocks, gained about 2 percent after an upbeat forecast from Cisco Systems Inc.
The Labor Department said the number of newly laid-off workers seeking unemployment benefits fell to 512,000 last week, the lowest level since January and fewer than economists had forecast.
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Stock Market Shrugs Off Jobs Report
Nov 6th, 2009 - BusinessWeek
U.S. stock indexes closed higher Friday as investors snapped up industrial and other selected issues after an earlier market decline that was fueled by news the U.S. economy lost 190,000 jobs and the jobless rate hit a 26-year high of 10.
MARKET SNAPSHOT: Stocks End Losing Streak; Dow Closes Above 10 000
Nov 6th, 2009 - CNNMoney
Stocks snapped a two-week losing streak Friday as a surge in GeneralElectric nudged the Dow Jones Industrial Average back above 10,000, marking itsfirst weekly close above that level since the early days of the credit crisis.
Labor Report Helps Send Wall Street Higher
Nov 5th, 2009 - New York Times
A drop in unemployment claims and an upbeat forecast from Cisco Systems gave investors a jolt of confidence on Thursday, a day before an important government report on jobs.
US Stocks Advance on Drop in Jobless Claims, Cisco Earnings
Nov 5th, 2009 - Bloomberg
Nov. 5 (Bloomberg) -- U.S. stocks rose, sending theStandard & Poor’s 500 Index higher for a fourth day, as joblessclaims and worker productivity beat forecasts and Cisco SystemsInc...
TECH STOCKS: Tech Stocks Maintain Edge In Afternoon Action
Nov 4th, 2009 - CNNMoney
Technology stocks rose in afternoon trading Wednesday during a mostly quietsession as the sector awaited earnings results from Cisco Systems Inc. andreacted to the Federal Reserve's decision on interest rates.
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