Positive Jobs Report Pushes Dow Above 17,000
After much anticipation the Dow Jones finally closed the day above 17,000. A couple of stocks led the Dow to reaching this milestone, Caterpillar (CAT) is up 22.3% in 2014, Intel (INTC) is up 20.0%, and Merck (MRK) is up 18.3%, just to name a few. June's job report was released today and showed that the labor market continues to gain momentum. 288,000 jobs were added last month, well above the estimated 215,000 jobs.The new CEO of Ford (F) took over the auto company a couple of days ago and was granted a $5.25 million pay package for 2014.
Word on the Street
Published on Jul 3, 2014By InvestorGuide Staff