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Trading at Noon: Wall St. gains 1 percent on jobs jump

Friday, February 03, 2012 - 02:42

Feb. 3 - U.S. stocks rallied more than 1 percent after a report showed U.S. job growth surged in January.

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Checking on trading in US stocks rallying today popping up -- 1% after a report showed US job growth surged in January. Bakes -- in the FP 500 higher at this hour they are up better than 2%. -- US treasury prices are seeing -- declined today on improving economic momentum. As what it says even pessimists are tied by today's jobs report. Payrolls jump by 243000. In January -- strongest gain in nine months PNC economist Stuart -- says it's game changer. I was impressed with the strength across the board where the jobs war. Wages were up the upward revisions. -- I think this is a sign that maybe the economy is reaching that holy Grail of his self sustaining. Economic expansion. And other economists told us the unemployment rate would fall to seven and a half to 8% by Election Day. Which could be good news for President Obama. You spoke might be New Year's hottest IPO but some well managers find themselves have a hard time recommending the stock their clients. And we're right art of managing partner at capital advisors wealth management says that Facebook's current valuation. Just need to set aside emotion and invest with their heads. Reinhart -- that hype building up ahead Facebook's IPO could mean dangerous waters for the retail investor. Facebook's valuation is about 100 times earnings. But investors -- US stocks in the weekend at February 1. And stashed more cash and fixed income US equity funds on net inflows of 407 million dollars. But stocks took a domestic focus had net redemptions of one point four billion according to the latest times writers Lipper data. Market funds not -- -- -- -- -- -- -- outflows of ten point seven billion dollars. That data reveals that Europe's debt crisis still weighs on the minds of investors who are looking at the high yield fixed income assets. And dividend paying stocks as a safer way to chase you. Now for some stocks to watch shares of CME group rob. Close to one -- three quarters percent after the biggest US futures operator surprised investors with a huge increase its dividend. Served as a diversion from disappointing earnings and a new insurance fund protect farmers and other MF -- like collapse. Shares News Corp. Brock nearly 2% after Rupert Murdoch's company hired Bloomberg's -- that way as Chief Executive Officer. It's Dow Jones that's all for trading and news and I'm Rhonda schaffler business writer.

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Trading at Noon: Wall St. gains 1 percent on jobs jump

Friday, February 03, 2012 - 02:42