Why the Ugly Jobs Report Was Good for Stocks [VIDEO]


The stock market’s powerful two-day rally nearly fizzled out Friday after the unemployment rate unexpectedly jumped to 9.8%. But traders managed to find a silver lining even in that grim news, and stocks found a way to eke out a gain.

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Why the Ugly Jobs Report Was Good for Stocks [VIDEO] originally appeared on DailyFinance on Fri, 03 Dec 2010 16:15:00.

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Stocks Vault on Job Gains and Global Data

The Dow jumped skyward on Wednesday as stocks rallied around the globe on a stream of strong economic news, both abroad and in the U.S. A less anxious outlook for European sovereign debt also helped.
Continue r…

Stocks Vault on Job Gains and Global Data

The Dow jumped skyward on Wednesday as stocks rallied around the globe on a stream of strong economic news, both abroad and in the U.S. A less anxious outlook for European sovereign debt also helped.
Continue r…

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