Dow soars 829 points after surprising jobs report shows unemployment fell in May
Friday's report hinted that widespread stimulus and economic reopenings had acted faster than anticipated to lift the US from its deep recession.
"Jobless claims and ADP data have all pointed to an increase in the unemployment numbers, so these numbers will need to be digested," said Seema Shah, the chief strategist at Principal Global Investors."But certainly the initial signs suggest that the reopening of economies has already started to heal the labour market."
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