Monday, June 4, 2007

Dow Jones Rise - Trend or Mirage

The Dow Jones market has seen a continous rise in value since March 2007.

Investors found reason for optimism in a stronger-than-expected jobs report for May. Nonfarm payrolls rose by 157,000 last month, a larger increase than in April and more than analysts expected. The unemployment rate held steady at 4.5 percent, as forecast, according to the Labor Department report.

With 6 months left in the fiscal year, companies will be scurrying to increase profits. This will only further Dow Jones' rise in value.