Up, Up, and Away

Wall Street Jumps

Wall Street markets jumped more than 2 percent on Wednesday as the Dow gained over 250 points and the Nasdaq gained 55 points. On the first day of December, the bulls effectively wiped out November’s 1-percent Dow decline. The buying started early in the day as new data showed that the U.S. added 93,000 private-sector jobs last month and that productivity was on the rise in the third quarter.