Yahoo!

The jobs report was nothing to cheer about. We actually lost jobs last month. Despite this, Wall Street cheered. The reason? Microsoft put in a bid for Yahoo, and the offer was almost twice the going stock price. Yahoo! Microsoft plans to go head to head with Google, and they need Yahoo in their arsenal. This news overshadowed the jobs report and led markets to a near 1% gain on the day. DJIA +92.83 NASDAQ +23.50 S&P 500 +16.87