#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto Stocks closed the week with a warm embrace Friday after a thunderous January jobs report and a triumphant series of market-moving earnings. The S&P 500 (^GSPC) rose 1.1%, reaching a record high. The Dow Jones Industrial Average (^DJI) climbed 0.4% or more than 100 points, while the tech-heavy Nasdaq Composite (^IXIC) gained 1.7%. A momentous week boosted investor sentiment. As Yahoo Finance’s Josh Schafer reports, Friday’s highlight was the jobs report, which blew past Wall Street expectations as the economy added 353,000 jobs in January. The unemployment rate was unchanged at 3.7%. The labor market has remained resilient in the face of
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