Unemployment Falls, Markets Rise

Posted by & filed under The Economy.

It’s Been a Wild and Wooly Week for the Markets This Past Week. Unemployment Dropped to 7.5%, The Dow Broke 15,000, the S&P 500 Closed at 1614, the NASDAQ Finished at 3378 and the 10 Year Treasury Stands at 1.75%. You Can See the Details at: http://www.bloomberg.com/news/2013-05-03/s-p-500-surpasses-1-600-as-u-s-stocks-advance-for-second-week.html

The Fly in the Ointment is That the Average Number of Hours Worked Fell, and Factory Orders Fell. Yet, Hourly Earnings Rose .2 You Can See the Full Slate of Economic Numbers Reported for the Week at:  http://www.bloomberg.com/markets/economic-calendar