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Markets Up on Jobs, Investors Bullish on LinkedIn

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  • Description

    FBN’s Tracy Byrnes with an afternoon market update and reaction to July’s jobs data.

  • Duration 0:55
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Tracy Byrnes

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Tracy Byrnes of the Fox Business now are well stocks are soaring today after the government reported that employers stepped up hiring drive.

The fastest pace in five months.

Wall Street is heading for its first seen after four days of losses.

I have the Dow is up about 248.

Points.

Investors are also bullish for -- in this -- the professional networking site reported higher than expected revenue.

And raised its -- outlook and the company says it took in more money from subscribers and services aimed at business is an advertising.

-- -- growth in the services sector edged higher in July the institute for supply management index came in better than expected.

With a reading of 52 point six thank you well I don't but he -- slightly gauge of the index fell to its lowest level since September.

That's the latest from the Fox Business Network giving -- the -- --