DocuSign, Energy Stocks Lead Market Gains, Dow Up 100 Points On Stimulus Optimism Despite Worse-Than-Expected Employment Report

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DocuSign and energy stocks lead market gains, and the Dow is up 100 points on stimulus optimism despite a worse-than-expected employment report

Looking to end a tepid week for the market, stocks are up only slightly on Friday after a worse-than-expected jobs report that experts believe could help bolster the case for additional stimulus–for which talks have recently reignited in Washington as the economy begins to slow ahead of the holiday season.... [+]Shortly after the market open the Dow Jones had jumped 100 points, or 0.4%–boosting it above the 30,000-point threshold -while the S&P 500 added 0.

Real estate, energy and leisure firms–post-election market outperformers–led gains in the S&P, with Federal Realty Investment Trust up 5%, energy firm TechnipFMC up 4% and Occidental Petroleum adding 8%.

Global markets were similarly tepid on Friday, with Japan's Nikkei 225 ending the day down 0.2%, while the United Kingdom's FTSE 100 ticked up 0.5% and France's CAC 40 climbed 0.2%.

 

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And when stimulus talks fall through, the market will rise on some other type of recovery hope

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