US stocks up

US investors found some reassurance in weak job growth figures today, and sent stocks sharply higher on the assumption that the numbers will prompt Federal Reserve to be less aggressive in raising interest rates.

US stocks up
Fri, 04 Feb, 2005 - 21:55

US investors found some reassurance in weak job growth figures today, and sent stocks sharply higher on the assumption that the numbers will prompt Federal Reserve to be less aggressive in raising interest rates.

The Dow Jones industrials climbed more than 120 points as Wall Street had its best week of 2005.

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