Dow Jones Rockets 800 Points on Blockbuster Jobs Report. Boeing Stock Soars, Apple Price Target Raised

Dow Jones Rockets 800 Points on Blockbuster Jobs Report. Boeing Stock Soars, Apple Price Target Raised·Motley Fool
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On Friday, the U.S. Labor Department reported an increase in nonfarm payrolls of 2.5 million for the month of May, nowhere close to the decline of 8 million jobs that economists were expecting. The unemployment rate was also far better than expected, coming in at 13.3% in May. That's down from 14.7% in April, and well below forecasts calling for an unemployment rate of nearly 20%. The surprise gain in jobs sent the Dow Jones Industrial Average (DJINDICES: ^DJI) flying on Friday.

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