Wall St indices rise after strong jobs data


The Dow rose 307.06 points, or 0.80%, to 38,904.04, the S&P 500 gained 57.13 points, or 1.11%, to 5,204.34 and the Nasdaq gained 199.44 points, or 1.24%, to 16,248.52.

NEW YORK: US stocks finished higher on Friday after a strong jobs report reinforced the view that the economy remains healthy even as it suggested the Federal Reserve could delay cutting interest rates.

All major S&P 500 sectors advanced, with communication services, industrials and technology the top gainers.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Carimin acquires 19.5% stake in Sealink International for RM40mil
MAG makes new executive leadership appointments
Binastra unit in RM743mil deal in Johor
Steel Hawk unit secures Sabah contract
Shin Yang in RM118mil vessel deal
Sunway to proceed with IJM takeover�
CPO prices to stay range-bound in February
AmBank Group finances Kedah solar project
Suria Capital appoints new chairman
TNB terminates renewable energy power purchase deal with Reneuco

Others Also Read