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Stocks End Higher as Investors Celebrate Job Growth

Major U.S. stock indices were up more than 1% as investors cheered the surprisingly large number of new jobs added to the economy last month.

MetroWest Business News
  • Business Digest for Friday, Feb. 3, 2012

    Culinary contest for high schoolers The Mass. Restaurant Association Educational Foundation today hosts the 5th Annual Mass. ProStart Student Invitational, a high school culinary and restaurant…
  • Business Digest for Feb. 2

    Heart group looks for spokeswomen The American Heart Association’s Go Red For Women Movement kicks off its national search for the next Go Red spokeswomen at…
  • DA looks to help firms and others avoid workplace violence

    FRAMINGHAM When future Middlesex District Attorney Gerry Leone worked for a security consulting firm following the Sept. 11 attacks, clients consistently ranked one worry ahead of…
  • Marlborough Hospital not affected by announced UMass layoffs

    WORCESTER Marlborough Hospital will not be affected by the 700 to 900 projected layoffs announced today by Worcester-based UMass Memorial Health Care. Marlborough Hospital is one of…
  • Business Digest for Feb. 1

    Dover Rug & Home opens in Natick Dover Rug & Home, offering the largest selection of floor coverings and window treatments in New England, Tuesday announced…
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MetroWest Real Estate
  • A country charmer in Norfolk

    “This is a unique offering in the market,” said Realtor Eleanor Osborn of Century 21 Commonwealth. “We have a period Arts & Crafts house with…
  • Natick Colonial on double cul-de-sac, nice neighborhood

    The four-bedroom Garrison Colonial at 8 Wight Farm Road in Natick has had just one owner since it was built in 1988. Now this sunny and…
  • Wayland: Classic Colonial

    Classic elements and timeless space drives both the interior and exterior of 42 Oxbow Road in Wayland. Set on a wooded parcel that’s just shy…
  • Uxbridge: Sumemrfield at Taft Hill

    It was really no more than curiosity when Fred and Edna Corazzini stopped by Summerfield at Taft Hill last spring. “We were actively looking to downsize,…
  • Resort-style living in Sutton

    The Villas at Pleasant Valley Country Club in Sutton offer year-round, resort-style living in a lush 111-unit development bordering the fairways of one of the…
Luxury & Leisure

The Guy Who Can Get Anyone a Skybox

Cornell, Harvard and professional tennis all led to luxury skyboxes -- meaning a unique business renting them.

Markets
S & P | Nasdaq | NYSE |


NEW YORK (TheStreet) -- The major U.S. stock finished their second best day of trading this year after investors celebrated an unexpected drop in the unemployment rate to its lowest level in almost three years.

The Dow Jones Industrial Average closed 156.8 points higher, or 1.2%, at 12,862. The S&P 500 advanced 19.4 points, or 1.5%, to 1,345. The Nasdaq gained 46 points, or 1.6%, to 2,906, pushing the week's gains to 3.2% -- the best weekly performance in two months.

Only three components of 30 on the Dow traded lower. Bank of America(:BAC), Alcoa(:AA)and Caterpillar(:CAT)led the Dow higher. Merck(:MRK), Procter & Gamble(:PG) and Pfizer(:PFE) were slipping 0.1% , 0.7% and 0.1%.

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