US Stocks Forge Ahead On Jobs Data
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2019-05-04 HKT 04:26
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Wall Street stocks powered higher on Friday, with the Nasdaq notching a new all-time record, following a strong US jobs report that put unemployment at a 49-year low.
At the closing bell, the tech-rich Nasdaq Composite Index stood at 8,164.00, up 1.6 percent and about two points above a record earlier in the week.
The Dow Jones Industrial Average gained 0.7 percent to 26,502.84, while the S&P 500 climbed 1 percent to 2,945.37, narrowly missing a record of its own. A(FP)
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