Huge day for stocks

The Dow gains 203 points and is back over the 10,000 mark as investors parse whatever good news they can get their hands on. Today it was a decent showing by retailers in October, a decline in weekly jobless claims, and some positive comments by Cisco CEO John Chambers (that really pushed up tech issues). Timing is interesting - tomorrow the government reports October job numbers that will likely show a higher unemployment rate (they're talking close to 10 percent) but lower job losses. Place your bets. (Bloomberg)

1:49 PM Thursday, November 5 2009 • Link
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