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Investor's Business Daily

| December 05, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Job Growth Is Back On Track

1Employers hired 215,000 workers in Nov., in line with forecasts. It's the latest in a series of reports showing the economy weathered the Gulf Coast hurricanes well. Hourly wages rose 0.2% after Oct.'s 0.6% spike. But they climbed 3.2% vs. a year earlier, the best since March '03. The jobless rate held at 5%. More on this page, A2

Stocks Erase Losses; Chips Rise

2The S&P 500 and the small-cap S&P 600 closed flat. The Nasdaq bounced off its lows to end up 0.3%. The Dow fell 0.3%. Volume cooled. The Philly semi index rose 0.7% to a fresh 52-week high. Gems, desktop software, computers, retail, builders and e-commerce also rose. The 10-year Treasury yield held at 4.52%. More on this page, B7

Natgas Soars 7%; Oil Also Rises

3Jan. natgas rose 90.4 cents to $13.931 per mil Btu as forecasts for colder weather in the next 10 days upped views on demand and sparked short covering. Natgas has recouped 79% of its 7-week retreat to $10.88. The buying spree spread to the oil pit, where crude rose 85 cents to $59.32 a barrel. That's $2.82 gained in the last 3 sessions. Heating oil and gasoline rose. More on B15

Greenspan Warns On Big Deficits

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