Jobs report surprises Wall Street - here's what it means for your 401(K), loans and mortgage
Stocks jumped following the blockbuster report, which provided Wall Street with further reassurance that the labor market is on solid ground. Rallying stocks are good news for Americans' 401 (K) balances, which tend to be invested in the major indices.
Jobs report stokes Wall Street rally that erases the week’s earlier losses
U.S.: Wall Street gains on stellar jobs report U.S. employers added 254,000 jobs in September, surpassing estimates and signaling continued economic strength. The S&P 500 closed up 0.90%, and the Dow neared its record, up 0.81%. Meanwhile, the tech-heavy Nasdaq climbed 1.22% with big gains for Nvidia, Broadcom, and Advanced Micro Devices.
Wall Street rises after a blockbuster jobs report
NEW YORK — U.S. stocks closed higher after a surprisingly strong U.S. jobs report raised optimism about the economy. The S&P 500 added 0.9% Friday and neared its all-time high set on Monday. The Dow Jones Industrial Average climbed 0.8% and reached its own record. The Nasdaq composite rose 1.2%.
Markets were reorienting on Friday after a surprisingly strong jobs report dispelled some fears that the Federal Reserve ...
The S&P 500 index (SP500) on Friday eked out a weekly gain, posting a four-week win streak. Read more about this week's major ...
U.S. stocks are rising today after a surprisingly strong jobs report raised optimism about the economy but also forced a ...
Wall Street celebrated the Federal Reserve's half-point rate cut last month by sending stocks to fresh record highs, but the ...
Wall Street's main indexes were mixed in volatile trading on Thursday as investors remained cautious ahead of a crucial labor ...
The House Committee on Education and Workforce asked acting secretary of the Labor Department, Julie Su, for information ...
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