|
Post by bot on Jul 8, 2016 17:09:42 GMT -5
U.S. stocks rally on jobs report; S&P 500 finishes shy of record high close
U.S. stocks rallied Friday on the back of robust jobs report, with the S&P 500 finishing a hair's breadth away from its record close. Labor Department data showed U.S. companies added 287,000 jobs in June, helping to restore confidence in the economy. The S&P 500 rose 32 points, or 1.5%, to end at 2,129.83, coming within a point of its record of 2,130.82 on May 21, 2015. The Dow Jones Industrial Average [s:DJIA] climbed 251 points, or 1.4%, to end at 18,146--reclaiming the key 18,000 level for the first time in two weeks. The Nasdaq rallied 80 points, or 1.6%, to finish at 4,956.
|
|