Better-than-expected jobs data spur Wall Street gains - News Summed Up

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Better-than-expected jobs data spur Wall Street gains


APA surprisingly strong US jobs report on Friday put investors in a buying mood, driving stocks on Wall Street broadly higher and extending the market’s winning streak to a third day. Technology, financial and industrial stocks drove much of the gains. The latest gains also helped stem some of the losses for the Dow Jones Industrial Average and the NASDAQ. The Dow Jones Industrial Average on Friday climbed 337.27 points, or 1.2 percent, to 28,015.06, but shed 0.1 percent from 28,051.41 a week earlier. One of the risks we’ll have in the coming week is you still haven’t gotten the phase-one deal.”


Source: Taipei Times December 07, 2019 15:56 UTC



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