The market finishes the week higher after the worst two-day decline since the 1987 stock market crash. The Dow Jones Industrial Average increased 248 points, or 2.85% for the day, and 3.4% for the week. Similarly, the S&P rose 2.86%, and the Nasdaq moved 2.41% in the green. Investors must have felt the after-election fall wasn’t completely justified, as signaled by today’s increase. Either that, or the 14-year high unemployment rate was taken with more than a grain of salt by Wall Street. The White House continued to preach patience, and stated that the $700 billion bailout plan will take some time to make a noticeable impact. Jobless Claims this month reached the levels seen in March 1994 of 6.5%. A total of 1.2 million jobs have evaporated this year, though the [More...]