Investors were heartened by an estimate from payroll provider Automated Data Processing that private-sector jobs gained 157,000 in June, comfortably outstripping economists’ forecasts. Separate data showed that new claims for unemployment benefits fell by more than expected for the week ended July 2. Traders welcomed the contrast with months of weak employment data.
http://www.marketwatch.com/story/us-stocks-rally-as-jobs-outlook-improves-2011-07-07?siteid=yhoof
Dow Jones Industrial Average
(DJI: ^DJI )| Index Value: | 12,719.49 |
|---|---|
| Trade Time: | 4:01PM EDT |
| Change: |  93.47 (0.74%) |
| Prev Close: | 12,626.02 |
|---|---|
| Open: | 12,627.23 |
| Day's Range: | 12,627.23 -12,753.89 |
| 52wk Range: | 9,915.73 -12,928.50 |
