A new day, a new 400-point move for the Dow! A positive jobs report by the Labor Department added relief to an already head-banging week. For the first time in four months, the number of first-time unemployment filers dropped below 400,000. In addition to the optimistic job outlook, tech-giant Cisco Systems proved that cutting costs really does pay off. The company presented a positive outlook for its fourth quarter and shares of the company rose 16%.
There's good reason to be both optimistic and cautious as we ring in the New Year.
