S038;P 500,Dow hit milestones after strong jobs report
Stocks rallied on Friday,with the Samp;P 500 and Dow industrials hitting intraday records after US employment grew more than expected in April.
Written by Reuters
New York |
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Stocks rallied on Friday,with the Samp;P 500 and Dow industrials hitting intraday records after US employment grew more than expected in April. The Samp;P 500 index broke above 1,600 and the Dow briefly traded above 15,000 for the first time as stocks extended this year8217;s rally. US non-farm payrolls rose by 1,65,000 last month and the unemployment rate fell to 7.5 per cent,a 4-year low.
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