Dow up, U down, Bin Laden dead, Iraq war over.
Those results may have helped the Dow up by 5% on October 15th alone.
Large-scale layoffs, which can reduce cost, often move the Dow up; environmental concerns don't factor.
The market rose steadily in the opening moments of trading after a surprise drop in first-time claims for unemployment benefits, pushing the Dow up as much as 53 points.
Trading in the key 30-stock industrials pushed the Dow up right from the start, and except for a couple of dips early in the day, it continued up.
The unprecedented measure sent the Dow up by 497.48 points, or 6.8%, to 7,775.86.
The unprecedented measure sent the Dow up up 497 points, or 6.8%, to 7,776.
The S&P 500 followed the Dow up, rising above the 1350 mark shortly after noon.
Elsewhere, Boeing was among the strongest nonfinancial issues in the Dow, up 3.7%, or $3.44, to $96.18.
The overall markets, however, are showing strong gains, with the Dow up 1.5%, the S&P 500 up 1.8% and the Nasdaq gaining 2.5% so far.
That sent stock markets sharply higher Friday with the Dow up 122 points while commodities also gained on signs that demand will recover from last years recession.
