U.S. stocks finished higher on Friday after the October jobs report showed the labor market remains strong, allaying concerns that slower global growth and a...
U.S. stocks finished higher on Friday after the October jobs report showed the labor market remains strong, allaying concerns that slower global growth and a weak manufacturing sector would start to hit households. The S&P 500 SPX, +0.97% rose 1% to finish around 3,067, above its precious closing record of 3,046.77 set on Oct. 30. The Dow Jones Industrial Average DJIA, +1.11% added 301 points, or 1.1%, to end at around 27,347, based on preliminary numbers. The Nasdaq Composite COMP, +1.
See Full Story S&P500 and Nasdaq hit new records after October jobs numbers beat expectations Stocks rallied Friday, with the benchmark S&P 500 and Nasdaq Composite indexes notching new closing records, after the Labor Department estimated the U.S. economy added 128,000 new jobs in October and upwardly revised its estimate of job growth in September and August.
#div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500, Nasdaq hit record highs on U.S. jobs report, China dataWall Street's main indexes climbed on Friday, as concerns over global growt...
Read more »
Dow jumps 300 points, S&P 500 rallies to record close after strong October jobs dataAll three major indices rose on Friday as investors cheered stronger-than-expected U.S. jobs data. The Dow gained 1%, the S&P 500 climbed 1% and Nasdaq increased 1.1%.
Read more »
Running From the Heat, Olympic Marathon Moves 500 Miles NorthThe marathon and race-walk events at next year’s Summer Olympics will be held 500 miles north of the host city of Tokyo to avoid the heat of Japan’s capital.
Read more »
Coors Light, Blue Moon Maker To Cut 500 Jobs, Rebrand Amid Declining Beer SalesAmid declining beer sales, Molson Coors, the maker of Coors Light, Miller Light, and Blue Moon, announced today that it will cut 500 jobs and rebrand itself to a “beverage company,” not just a beer one by rachsandl
Read more »
Goldman Sachs says Elizabeth Warren's tax plan will cut S&P 500 earnings by 11%The Wall Street giant said Warren and other contenders' plan to reverse Trump's tax cuts would cut corporate profits on a per share basis.
Read more »
Asia stocks set to rise as Fed slashes interest rates, S&P 500 hit record highsInvestors will watch for market reaction to the Federal Open Market Committee's overnight decision to cut its benchmark funds rate by 25 basis points. The central bank also removed a key phrase from its statement that said it will 'act as appropriate' to sustain the current expansion.
Read more »