- Feb 12, 2007
- 59,439
- 24,106
Read it an weep gloom and doom conserverinos!
Dow Average and S&P 500 Hit New Highs
Stocks Notch Records as Beaten-Down Shares Mount a Rally
nvestors snapped up shares of companies large and small, driving major indexes to records and reviving beaten-down technology stocks.
The Dow Jones Industrial Average climbed 112.13 points, or 0.7%, to 16695.47, notching its second record finish in as many sessions and its third new high of 2014. The Dow notched 52 records in 2013.
The S&P 500 added 18.17 points, or 1%, to 1896.65, squeezing out its ninth record close of the year.
That along with a great April jobs report should really be making you folks cry.
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Rich people getting $85 billion a month from Obama will do that.
The April jobs report sucked. 280k jobs is just barely treading water in the job market. You need that many just to keep up with all of the new workers that are coming on the job market in May after graduation.
I remember the days when Bush created 6 million new jobs in a short period of time, and you libs said they were all low paying entry-level jobs.
Yah think?
Don't forget the 800,000 people who dropped out of the labor force in April!