Surge since early March suggests new bull run

Date: Friday, June 5, 2009

Surge since early March suggests new bull run

The 13-week surge that followed the stock market's early March lows
ranks second only to the bull run that followed the Great Depression
and is among less than 20 similar rises for the Dow Jones Industrial
Average – statistics that are giving one investment strategist hope
for a new bull market.

INTENSE JOB DESTRUCTION MODERATES IN MAY

The U.S. unemployment rate jumps to a 26-year high of 9.4% in May as
345,000 payroll jobs are lost, the Labor Department reports. The drop
in payrolls comes in much lower than forecast, but the jobless rate
runs hotter than economists had expected.

FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS

Rio Tinto, Guess, DuPont and Boston Properties are among the stocks
moving in Friday's action.