Top 10 News Items 1/30-2/3: Friday Jobs Report Blows Out Expectations; Facebook IPO Officially Filed; Amazon's Q4 Disappoints Feb 3, 2012 04:14PM

Here is a recap of the top news items from this week on Wall Street:

1. The Facebook IPO was an obvious #1 on the top ten....... until Friday's blowout jobs report. 243,000 payrolls were added in the nonfarm sector, 257,000 were added in the private sector and, in the manufacturing sector, about 50,000 jobs were added. Economists were expecting a nonfarm reading of 140,000 additions, private additions of 160,000 and manufacturing adds of just 12,000. The unemployment rate fell nicely from 8.5 percent in December to 8.3 percent in January. US stocks rose more than 1 percent following the strong report.

2. The most highly anticipated IPO since Google was filed this week ...



215 total articles have been posted to this entity.

Click Here to Sign-Up for StreetInsider.com Premium to View All