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Strong jobs data excites Wall Street

A surprisingly strong job creation report energized Wall Street today, propelling stocks sharply higher as investors grew more confident about the economy and corporate earnings.

Strong jobs data excites Wall Street

Fri, 04 Mar, 2005 - 21:39

A surprisingly strong job creation report energized Wall Street today, propelling stocks sharply higher as investors grew more confident about the economy and corporate earnings.

The Dow Jones industrial average and Standard & Poor’s 500 index both reached 42-month highs on the news.

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Courts Business Heathrow Person: Jack Caffrey Person: Hans Olsen Organisation: Wall Street Organisation: Labour Department Organisation: J.P. Morgan Private Bank Organisation: Dow Organisation: Nasdaq Organisation: Bingham Legg Advisers Organisation: New York Mercantile Exchange Organisation: Johnson & Johnson Organisation: Closure Medical Corp.Organisation: Closure Organisation: ChoicePoint Inc.Organisation: Securities and Exchange Commission Organisation: ChoicePoint Organisation: New York Stock Exchange

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