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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (674078)3/4/2005 4:02:06 PM
From: CYBERKEN  Read Replies (1) | Respond to of 769667
 
The fact that the anti-American Democrat party is a RUINED party for 2006 and beyond is a boon to the markets-and depressing to the bond whores...



To: Kenneth E. Phillipps who wrote (674078)3/4/2005 4:14:15 PM
From: tonto  Respond to of 769667
 
Markets are always forward looking by a minimum of 6 months. The sky rocketing average reflects confidence in the economy and future earnings. That is the reality of what we see right now. That changes. We also know that we get talking heads who will explain that the market went down or up for stupid reasons. That day to day analyse has always been amusing.

This stock market has nothing to do with 2006.



To: Kenneth E. Phillipps who wrote (674078)3/4/2005 5:12:08 PM
From: Hope Praytochange  Respond to of 769667
 
the higher market into 2006 the higher probability that demohacks under deanie will be an endangered species in 2006 !!! poor kennyboy lost thinking cap and deranged: prozac now available on internet at reduced price !!!



To: Kenneth E. Phillipps who wrote (674078)3/4/2005 5:47:21 PM
From: Bald Eagle  Respond to of 769667
 
Stocks Surge on Reassuring Jobs Report
Friday, March 04, 2005

NEW YORK — Stocks surged Friday, with the Dow and the S&P 500 both reaching 3 1/2-year highs, after a better-than-expected jobs report increased optimism about the economy but didn't raise worries about accelerated interest-rate hikes by the Federal Reserve.

The Dow Jones industrial average (search) gained 107.52 points, or 0.99 percent, to end at 10,940.55. The Standard & Poor's 500 Index (search) rose 11.65 points, or 0.96 percent, to finish at 1,222.12. The Nasdaq Composite Index (search) rose 12.21 points, or 0.59 percent, to close at 2,070.61.

The Dow closed at its highest level since June 2001, putting it back in sight of the psychologically important 11,000 mark, while the S&P 500 closed at its highest since July 2001. Only three of the 30 Dow stocks closed lower.

For the week, the Dow was up 0.90 percent, the S&P 500 rose 0.91 percent, and the Nasdaq was up 0.34 percent.

"The catalyst for the rally today is the payroll report," said Brian Pears, head of equity trading at Victory Capital Management. "I think that most traders thought the economy was in relatively good shape, but this gives us an inkling that the economy is even stronger than we thought."