WALL Street stocks roared back led by technology shares, as investors shook off Friday's jitters over a warning by Fed chairman, Mr Alan Greenspan, that the markets were overpriced. The Dow Jones completely erased Friday's 55 point fall.

Broad market indexes advanced sharply too, with the technology rich Nasdaq composite index jumping 28.59 back into record territory at 1,316.27.

Foreign markets quickly sold off early Friday and bond prices slid, sending interest rates higher, all before Wall Street opened. US stocks opened sharply lower Friday morning, but rebounded much of the way after the latest US unemployment data allayed fears that the economy was accelerating at an inflationary pace.

The Standard and Poor's 500 stock index rose 10.13 to 749.73, and the NYSE's composite index rose 4.54 to 394.69.