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08 Jan 2023

Stocks end first week of 2023 higher after jobs report spurs big rally | January 6, 2023

Stocks end first week of 2023 higher after jobs report spurs big rally | January 6, 2023#stockstowatch #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest market news check out finance.yahoo.com U.S. stocks staged their first notable rally of 2023 to close the week higher Friday after December employment data showed wage growth decelerated last month. Investors perceived the release as a sign Federal Reserve officials may ease their rate-hiking campaign. The S&P 500 (^GSPC) jumped 2.3%, while the Dow Jones Industrial Average (^DJI) added 700 points, or 2.1%. The technology-heavy Nasdaq Composite (^IXIC) surged 2.6%. All three major averages were on pace to end the week with losses before Friday’s big gains. The Labor Department’s final jobs report of 2022 s

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