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Mario Draghi
Stocks soar on upbeat job-growth news
Stocks soar on upbeat job-growth news

U.S. stocks soared close to the symbolic 18,000-point threshold on news of much higher-than-expected job growth last month, underscoring the nation's strengthening economy. Major equity indexes worldwide also shot up as investors bet that the American economic recovery was strong enough to help buoy flagging economies overseas. "They're all cheering us on," said Bob Johnson, director of economic analysis for Chicago mutual-fund research firm Morningstar Inc. "They want us to buy more of their stuff." The blue-chip Dow Jones industrial average rose 58.69 points, or 0.3%, to a record 17,958.79. The broad-based Standard and Poor's 500 Index gained 3.15...

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