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Stock Market Today: S&P 500, Nasdaq close at record highs after U.S. jobs report
Major U.S. stock indexes were trading mostly higher midday Friday, with the S&P 500 heading for another weekly gain. The S&P 500 was up 12 points in midday trading, or 0.2%, at almost 6,088. The Nasdaq Composite climbed 115 points, or 0.6%, to trade at nearly 19,816.
Stock market today: Wall Street hits more records following a just-right jobs report
U.S. stocks are drifting around their records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation.
Stock market today: S&P 500 ends at record high as November jobs data fuels investor optimism
The jobs data for November was enough to bolster confidence in the economy while also raising investors' hopes for another rate cut this month.
Is labor market bouncing back? Here's what the November jobs report tell us.
U.S. employers added 227,000 jobs in November as the effects from hurricanes and strikes the previous month reversed. The unemployment rate was 4.2%
Labor Market Comes Back to Life in November
The jobs report was one of two key pieces of data, along with inflation readings, due out next week before the Federal Reserve meets on Dec. 17-18 to consider cutting interest rates.
Stock market today: Indexes rise as rate-cut odds edge up after jobs report
US employers added more jobs than expected in November, bouncing back after October's dismal reading. Stocks rose and yields slumped Friday morning.
Employers added 227,000 jobs in November as the labor market rebounded
Employers added 227,000 jobs in November as the labor market rebounded from anemic growth in the prior month, when hurricanes and labor disputes dampened hiring. The U.S. had been forecast to add 200,000 jobs last month, according to economists surveyed by financial data firm FactSet. The unemployment rate was expected to hold steady at 4.1%.
Stock Market Today: Indexes Gain After Solid Jobs Report
Follow along for live updates and analysis on the latest jobs report, released by the Bureau of Labor Statistics. Read the latest on stocks, bonds and other markets, including the Dow Jones Industrial Average,
Breaking down the November 2024 jobs report
New numbers from the Labor Department show the U.S. added 227,000 new jobs in November, more than expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the report.
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