Wall Street Rallies To End Higher, Jobs Report

Wall Street Rallies To End Higher, Jobs Report

NEW YORK (Reuters) - Wall Street surged on Friday after a strikingly upbeat May jobs report unexpectedly provided the clearest evidence yet that the U.S. economy is headed for a quicker-than-anticipated recovery. The Nasdaq breached its all-time closing high reached in February but pared its gains to end the session a hair’s breadth below it. All three major U.S. stock indexes advanced 2 or more. The S&P 500 and the Dow are now 5.7 and 8.3 below their respective closing records.


User: Wochit

Views: 740

Uploaded: 2020-06-05

Duration: 00:33

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