Friday, May 05, 2006

Take that...

Jobs Data Send Dow to New 6-Year High

NEW YORK (AP) - Stocks rallied sharply Friday as moderating job growth reinforced Wall Street's hopes that the Federal Reserve may soon end its series of interest rate hikes. The Dow Jones industrial average climbed more than 110 points to a fresh six-year high.

Take that all you doom and gloomers.

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