News Formal

Here's what happened to the stock market on Friday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

A blockbuster jobs report sparked the massive rally to conclude a choppy week of trading on Wall Street.

added 266,000 jobs last month

. That print easily topped a Dow Jones estimate of 187,000. Friday's blockbuster report helped the major indexes claw back most of their losses from earlier in the week. It also quelled fears about the U.S. economy slowing down, especially after weak employment data from earlier in the week and disappointing manufacturing numbers from Monday. To be sure, investors are still waiting on a potential U.S.-China trade deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens FridayU.S. stock futures were higher Friday morning ahead of the government's 8:30 a.m. ET release of its monthly employment report.
Source: CNBC - 🏆 12. / 72 Read more »