Some encouraging
economic news came out today on Friday February 3rd 2012. The jobs
report was released today, always a report that could cause a great deal of
terror or triumph. Yet today, the jobs report that were released had been
proven to lead to encouragement and the NASDAQ rose to a high level as well.
Stock
Market Report 2/3/12: NASDAQ and Dow Jones highs
Eleven years since the NASDAQ has
reached the heights it had been this year. After a weak decade plus, the NASDAQ
has been lifted to levels that is not been since December 2000. Also the Dow
Jones reached highs that had not been seen since the latter part of 2008, when
the economic crisis had begun to hit a fever pitch.
Granted, one good jobs report
will not be something that will completely restore the confidence of many, but
it is a step in the right direction. There will no doubt be debate for some
time to come whether or not it just seems like the jobs report seemed good
compared to what has happened in the past. And naturally all data is up to
interpretation.
Still the good times may continue
to roll right on the stock market or we might have another dip. The week has
ended on a slightly promising note but Monday is just another day, the
beginning of another week. As we keep an eye on the Stock Market, as investors
trend lightly, it cannot be disputed that the levels on the NASDAQ and the Dow
Jones have reached levels beyond what they have previously.
What will the week of February 6th
bring? Keep all eyes on the market and remember as always to do your homework and
to invest wisely. We might still be in treacherous waters.
Dow Jones: 12,859.62(+154.21)
Nasdaq: 2,905.66(+45.98)
S and P 500: 1,344.82(+19.28)
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