Author Topic: Stocks surge after robust jobs report and dovish Powell remarks (Dow UP 746 points)  (Read 818 times)

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Offline Free Vulcan

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U.S. stocks surged higher on Friday, buoyed by a better-than-expected jobs report for December and dovishly interpreted remarks by the chairman of the Federal Reserve. The Dow Jones Industrial Average DJIA, +3.29% climbed more than 700 points, or 3.3%, the S&P 500 SPX, +3.43% finished up 3.4% and the Nasdaq Composite COMP, +4.26% was the best-performing major index, closing up 4.3%. Before the market open the Bureau of Labor Statistics said the U.S. economy added 312,000 jobs in December.

https://www.marketwatch.com/story/stocks-surge-after-robust-jobs-report-and-dovish-powell-remarks-2019-01-04
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