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10 Oct 2023

Dow gains nearly 300 points after jobs report surprise: Stock Market Today | Friday October 6, 2023

Dow gains nearly 300 points after jobs report surprise: Stock Market Today | Friday October 6, 2023#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com October’s first trading week ended with a twist after Wall Street reversed earlier losses on Friday and surged to the closing bell as investors digested a strong jobs report that blew away expectations. The S&P 500 (^GSPC) gained about 1.2%, while the Dow Jones Industrial Average (^DJI) climbed roughly 0.9% or about 290 points. The tech-heavy Nasdaq Composite (^IXIC) rose 1.6%. The September jobs data did not show the signs of cooling in the labor market that were forecast. The US economy added 336,000 jobs in September, almost twice the number expected. That could give the Fed mo

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