Dow Jones hits record high as jobs report exceeds expectations
The Dow Jones Industrial Average surged to a record high on Friday, closing at 42,352.75 after the U.S. added 254,000 jobs in September, far surpassing economist forecasts. The stronger-than-expected labor market data reassured investors about the economy’s resilience, with the unemployment rate ticking down to 4.1%.
Stocks rallied after data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150 ...
The blue-chip Dow jumped 341.16 points, or 0.8%, to 42,352.75, eclipsing its previous high of 42,330.15 on Monday. The S&P ...
The stock market wasn't getting the support one might expect after a solid jobs report. The Dow was trading around the breakeven line, while the S&P 500 and the Nasdaq were up 0.1% and 0.4%, ...
The big 254,000 increase in new jobs in September is almost certainly not going to be repeated in October, economists say.
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