A surprisingly strong U.S. jobs report put investors in a buying mood Friday.
A surprisingly strong U.S. jobs report put investors in a buying mood Friday, driving stocks on Wall Street broadly higher and extending the market’s winning streak to a third day.
The Labor Department said employers added 266,000 positions, well above estimates of 184,000. The report also showed unemployment falling to a 50-year low. Separately, an index that measures how consumers feel about the economy showed an increase from last month.The encouraging reports offer reassurance for investors who may have been worried that consumers might be pulling back on spending, said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management.
The Dow climbed 337.27 points, or 1.2%, to 28,015.06. The Nasdaq gained 85.83 points, or 1%, to 8,656.53.Friday’s batch of encouraging economic data capped what started as a rough week for the market.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Friday Ratings: ABC’s College Football Pac-12 Championship Dominates The Demo WarsIt’s time for the NCAA college football league championships, the battles which will help determine the teams that will play for the national championship and select bowl games. Not surprisin…
Baca lebih lajut »
Festive Friday: Hear New Holiday Music From Taylor Swift, Blink-182, Keith Urban and MoreWith the holiday season in full swing, Billboard has rounded up all the Festive Friday releases (Dec. 6) by everyone from Taylor Swift and Blink-182 to Keith Urban, Nina Nesbitt and more!
Baca lebih lajut »
Algerian protesters march in last Friday rally before electionTens of thousands of Algerians took to the streets on Friday, making a show of s...
Baca lebih lajut »
Friday Box Office: ‘Playmobil’ Bombs As Hollywood Again Ignores The Lesson Of ‘The Last Samurai’Big movies like 'Star Trek VI' and 'National Lampoon’s Christmas Vacation' can thrive in this often-barren post-Thanksgiving weekend.
Baca lebih lajut »