February 01, 2013 at 17:58 PM EST
Daily ETF Roundup: Bulls Return On Encouraging Labor Data
The bulls charged ahead on Wall Street today, starting off the month of February with bang. Encouraging U.S. data sent the Dow Jones Industrial Average rallying past the psychologically important 14000 threshold for the first time since 2007. Sparking the rally was an uplifting jobs report from the Labor Department, which stated that U.S. employers added 157,000 jobs in January. Though this figure was below the 166,000 estimate and a separate survey showed the unemployment rate rising to 7.9% from 7.8% in December, investors clung on to the good news after being hammered with sour economic and earnings news throughout the week [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Bulls Return On Encouraging Labor Data Boosted by today’s labor report, all three major U.S. equity indexes closed in positive territory. The Dow Jones Industrial Average ETF logged in a 0.96% gain, with its underlying index [...] Click here to read the original article on ETFdb.com. Related Posts: Daily ETF Roundup: Stocks Finish Strong Month On Quiet Note Daily ETF Roundup: Stocks Pull Back On Fed And Lackluster GDP Daily ETF Roundup: S&P 500 Tops 1500 Daily ETF Roundup: Wall Street Takes A Hit From Apple Upset Daily ETF Roundup: Stocks Pop On Earnings Euphoria
The bulls charged ahead on Wall Street today, starting off the month of February with bang. Encouraging U.S. data sent the Dow Jones Industrial Average rallying past the psychologically important 14000 threshold for the first time since 2007. Sparking the rally was an uplifting jobs report from the Labor Department, which stated that U.S. employers added 157,000 jobs in January. Though this figure was below the 166,000 estimate and a separate survey showed the unemployment rate rising to 7.9% from 7.8% in December, investors clung on to the good news after being hammered with sour economic and earnings news throughout the week [Be sure to check out the real estate news, trends, tips and tricks over at Dividend.com]. Global Market Overview: Bulls Return On Encouraging Labor Data Boosted by today’s labor report, all three major U.S. equity indexes closed in positive territory. The Dow Jones Industrial Average ETF logged in a 0.96% gain, with its underlying index [...]

Click here to read the original article on ETFdb.com.

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