Stocks Rally To Record Highs On Friday
Video Credit: Wochit News - Duration: 00:32s - Published
Stocks Rally To Record Highs On Friday
US stocks climbed on Friday after disappointing November jobs data buoyed hopes for a near-term stimulus deal.
The S&P 500, Dow Jones industrial average, and the Nasdaq composite all closed at all-time highs.
The US unemployment rate edged downward from 6.9% to 6.7% meeting economists' forecasts.
The S&P 500 closed at 3,699.12, up 0.9% on Friday.
The Dow Jones industrial average closed at 30,218.26, up 0.8% (249 points).
While the Nasdaq composite saw closing numbers of 12,464.23, up 0.7%.
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