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Markets Now: Dow Gains 330 Points on ‘Perfect’ Payrolls Report
Barron’s.com ^ | March 9, 2018 | Ben Levisohn

Posted on 03/09/2018 10:08:35 AM PST by John W

The Dow has now gained 326.38 points, or 1.3%, to 25,221.59.

And why shouldn't it? No less than Gluskin Sheff's David Rosenberg, who has a reputation as something of a curmudgeon, notes that the increase wasn't just big--the largest since July 2016--but also broad based. Construction payrolls added 61,000 jobs, while the manufacturing sector produced 100,000 jobs, the most since 1998. And even retail added 50,000 jobs, a sign that sector might have finally stopped shrinking, Rosenberg says.has risen 1.2% to 2772.71, and the Nasdaq Composite has climbed 1.3% to 7524.73.

(Excerpt) Read more at barrons.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 2018issues; djia; dow; dow10000; stockmarket; trumpeconomy

1 posted on 03/09/2018 10:08:35 AM PST by John W
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To: John W

Outstanding


2 posted on 03/09/2018 10:12:02 AM PST by Jonny7797
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To: John W

I thought the markets were going to collapse because of the tariffs, Cohn leaving and Stormy Daniels.


3 posted on 03/09/2018 10:20:35 AM PST by shelterguy
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To: shelterguy
I thought the markets were going to collapse because of the tariffs, Cohn leaving and Stormy Daniels

Nah, we all already died due to the end of Net Neutrality.

4 posted on 03/09/2018 10:22:08 AM PST by jalisco555 ("In a Time of Universal Deceit Telling the Truth Is a Revolutionary Act" - George Orwell)
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To: John W

While I’ll take the gain I’m surprised that at least part of this isn’t being attributed to the Korea news.


5 posted on 03/09/2018 10:23:31 AM PST by jalisco555 ("In a Time of Universal Deceit Telling the Truth Is a Revolutionary Act" - George Orwell)
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To: jalisco555

I wonder if the Russians hacked the government computers and manipulated the jobs report.


6 posted on 03/09/2018 10:24:05 AM PST by shelterguy
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To: John W

Now is the time to change jobs if you are unhappy with the one you have.


7 posted on 03/09/2018 10:34:37 AM PST by 353FMG
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To: John W
All I know is, it takes twice as long to get to work. Too many now-productive citizens in the way....
8 posted on 03/09/2018 10:36:59 AM PST by AdSimp
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To: John W
The state of the union is kick-ass.

9 posted on 03/09/2018 11:45:09 AM PST by Company Man (SHALL NOT BE INFRINGED)
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To: shelterguy
I wonder if the Russians hacked the government computers and manipulated the jobs report.

Where's Clarence Beeks?

10 posted on 03/09/2018 11:46:59 AM PST by dfwgator
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To: John W

371


11 posted on 03/09/2018 11:58:48 AM PST by ButThreeLeftsDo (MAGA!!!)
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To: AdSimp

“All I know is, it takes twice as long to get to work. Too many now-productive citizens in the way.... “

mrs riverdawg and I were discussing this the other day. The traffic here has really increased here in the past few months, and not just at rush hour. People in work trucks seem to be rushing to various jobs all day.


12 posted on 03/09/2018 12:17:06 PM PST by riverdawg
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