The Dow Jones Industrial Average jumped 301 points
gained 301.13 points, or 1.11%, to close at 27,347.36. rose 0.97% to 3,066.91. advanced 1.13% by day at 8,386.40. The much better-than-expected report puts the S&P 500 and Nasdaq to record levels.
Big profits for working even with a General Motors strike
The US economy added easily exceeding the Dow Jones estimate of 75,000. The better-than-expected footprint appeared even when the General Motors strike shaved over 40,000 jobs last month. Investors interpret the report as a sign that the economy is not even close to falling into recession. This, coupled with the Fed's easy monetary policy for the foreseeable future, could add fuel to the record launch.
Qorvo and US Steel Shares in
Shares jumped 20.23% after the chipmaker posted quarterly numbers that exceeded analyst expectations, the company also issued strong earnings and revenue guidance for the current quarter. also jumped 1
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