Wall Street rebounds, boosted by jobs report
The U.S. Stock Market rebounded today after a better then expected jobs report was released. The U.S. gained 117,000 jobs in July while unemployment was at 9.1%. The massive self-off yesterday of the stock market which experienced it worst decline since December 1, 2008. Investors have been in a panic due to the financial crisis in Europe and fears that you U.S. was entering a double-dip recession.