Hooray! Stocks soar on jobs report. Dow up 375

From cnn.com

Stocks rallied on Friday because of good news. Imagine that. The November jobs report was solid in just about every way, and until recently, that would have been bad news for stocks because of the risk that the Fed would raise rates. This time, stocks surged: The Dow was up about 375 points -- a gain of 2% -- in late afternoon trading. That more than wiped out the 252 point loss from Thursday when the European Central Bank didn't announce a bigger economic stimulus plan. So why is Wall Street embracing a likely rate hike in two weeks? For starters, Friday's jobs report should end any lingering concerns of a serious ... (full story)