FIRST AIRED: May 23, 2017

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nnnnn global stock markets unearthed here friday and very solid rebounding u. s. hiring turns back worries the powerful american economy is on the skids stock shot up more than one percent from the start and never looked back the dow settled at the highs of the day up almost three hundred points a gain of roughly one and a half percent with equities enjoying their best one day search since february the rally even bigger in percentage terms over in europe as positive u. s. jobs data added to euphoria over a decisive win for the conservative party in the u. k. i'm congregations in new york the tone on wallstreet is decidedly different from earlier this week , two hundred twenty three thousand new u. s. jobs created in april not solid enough to suggest that a hike is around the corner but good enough to suggest the economy is rebounding from a deep freeze this winter so renewed confidence on wall street resulting in an explosive rally with quickly changing bets on the federal reserve now pushing a rate hike out of the picture until december