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Naagaraja
Pilla Bewarse
Username: Naagaraja

Post Number: 453
Registered: 06-2005
Posted From: 129.33.49.251

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Posted on Friday, July 08, 2005 - 2:36 pm:Insert Quote Edit PostDelete PostView Post/Check IP

ehas nee
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Vision
Kurra Bewarse
Username: Vision

Post Number: 710
Registered: 06-2005
Posted From: 192.63.80.98

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Posted on Friday, July 08, 2005 - 2:33 pm:Insert Quote Edit PostDelete PostView Post/Check IP

The unemployment rate, generated by a separate survey, fell to 5 percent from 5.1 percent in May, the lowest level since September 2001. Economists expected no change.
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Vision
Kurra Bewarse
Username: Vision

Post Number: 709
Registered: 06-2005
Posted From: 192.63.80.98

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Posted on Friday, July 08, 2005 - 2:32 pm:Insert Quote Edit PostDelete PostView Post/Check IP

Stocks surged Friday afternoon as a mostly upbeat June jobs report reassured investors that the labor market is improving, but not so quickly as to impact the pace of the Federal Reserve's rate hiking campaign.

The Dow Jones industrial average (up 121.07 to 10,423.36, Charts) and the Nasdaq composite (up 22.66 to 2,098.32, Charts) both gained around 1.1 percent, with just over two hours left in the session.