Around the World's Markets: New York

SHARES ROSE after the release of report showed greater than expected job growth, increasing optimism that demand will continue to rise in the US economy.

Computer stocks were the main beneficiaries of the bullish sentiment, with Intel rising by as much as 5 per cent after it announced that fourth- quarter chip sales would grow by up to 10 per cent. Compaq also surged 5 per cent. By the early afternoon, the Dow Jones had risen by over 1 per cent to 8,986.