
News that the nation added 117,000 jobs in July eased investors minds and send the stock market higher in early Friday trading. But volatility took over on worries that the European debt crisis is spreading to U.S. banks. The morning's recovery followed a terrible day on the market Thursday, when the Dow Jones Industrial Average tumbled 513 points in the market's worst drop since October 2008. The Dow ended the day up 61 points, or 0.5 percent, at 11,445. The S&P 500 lost a point, or 0.1 percent, to close at at 1,199...

Source: http://feeds.bizjournals.com/~r/bizj_cincinnati/~3/vTFPqX4l2zU/stock-market-recovers-on-july-jobs.html
tv sha