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 <title>Value Investing News - Why did the market finish higher on Friday? - Comments</title>
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 <title>Why did the market finish higher on Friday?</title>
 <link>http://www.valueinvestingnews.com/why-did-market-finish-higher-friday</link>
 <description>On Friday it was reported that unemployment hit 6.1 % the highest level in five years as employers cut 84K payrolls. The SPY, DIA and QQQQ’s all opened lower and proceeded to lose even more ground as selling accelerated. Oil declined as well, which was not a positive, as it dragged down oil related stocks like XOM, CVX and BP down with it. But somehow, despite all the gloom of the deepening of the recession and higher unemployment, the stock market finished the day in the black.
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 <comments>http://www.valueinvestingnews.com/why-did-market-finish-higher-friday#comments</comments>
 <category domain="http://www.valueinvestingnews.com/category/behavioral-finance">Behavioral Finance</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/bp">BP</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/cvx">CVX</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/dia">DIA</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/oih">OIH</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/qqqq">QQQQ</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/spy">SPY</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/uso">uso</category>
 <category domain="http://www.valueinvestingnews.com/stock-tickers/xom">XOM</category>
 <pubDate>Mon, 08 Sep 2008 11:15:29 -0400</pubDate>
 <dc:creator>Dividend Growth Investor</dc:creator>
 <guid isPermaLink="false">5778 at http://www.valueinvestingnews.com</guid>
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