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European markets also saw a big day; the German DAX rose 2 percent to close at a record high of 8122. 1 of 22. Full Screen. Analysts cautioned that people should treat the rally as a good sign, but not pay attention to record-shattering numbers. The number is the number. That doesn’t matter from a substance standpoint, but it matters from a psychological standpoint, said Bernie McGinn, a portfolio manager at Alexandria-based Union Street Partners Value Fund. Markets reach new levels. The road to recovery remains bumpy, analysts warned, especially as markets remain vulnerable to budget debates in Washington and concerns about the global economy. In a forecast released Friday, the European Commission.

Such bets had nearly dissipated after a strong June jobs report on Friday. In the first day of testimony before the Congress, Powell said the . economy is still under threat from disappointing factory activity, tame inflation and a simmering trade war. His two-day testimony resumes at 10:00 . Hopes that the Fed would step in to cushion any hit to a record . economic expansion have helped Wall Street's main indexes resume their rally after a slump in May. The benchmark S&P 500 has climbed about 19% this year and crossed the 3,000 point mark for the first time.

April Jobs Numbers Cause Record Rally. Jeff Macke analyzes the morning business headlines. April Jobs Numbers Cause Record Rally. I'm Dan - New York mark futures up today. on offense and the jobs report but - right up at those numbers came out and this upcoming after the record label the NASDAQ and the S&P 500 yesterday. I want to bring in Jeff MacKey from Yahoo! finance to break down today's jobs numbers and Jeff come on I - a smile I see is - I see. Rosy glow in your cheek you've got a morning MacKey. A little - spring in my step. The benchmark S&P 500 (SPX) has climbed about 19% this year and crossed the 3,000 point mark for the first.

After reaching its best intraday level in nearly a month, Omeros is currently up by 3. percent.

The analyst who most accurately predicted the ruble’s rally in the second quarter is now its most pessimistic forecaster. Top Forecaster Says World’s Best Currency Rally Is Heading for a Crash. Updated on. PKO’s Kosaty predicts world’s best FX rally will evaporate. Foreigners have made their rate bets, bond flows set to ebb. Listen to article. The blue-chip Dow has risen 15%, while the tech-laden Nasdaq has gained 24%.

markets rise after strong jobs report: Positive news out of Greece and a jobs report lifted stocks for the third consecutive day on Friday. The gains were led by financial and material stocks, with all 10 S&P 500 sectors moving up. As of 12:20 . Sturdy job creation for third straight month: According to the Labor Department report on Friday, nonfarm payrolls increased 227,000 last month