A Two-Fer

The jobs report came out today, and it was good. The economy is still in fairly high gear, in terms of job creation. That's good news for further growth. Also, the report on wages came out, and it was not good news for workers. Wages have not grown very much, but that is a sign to Wall Street that labor prices may remain in check. Another bit of good news for stocks. The response to the reports was mixed. NASDAQ added almost 1/2%, while large-caps yawned. Dow +29.08 NASDAQ +9.67 S&P 500 +2.55