https://sputnikglobe.com/20210702/wall-street-storms-to-records-q3-opening-week-after-us-jobs-beat-forecast-1083295538.html
Wall Street Storms to Records Q3 Opening Week After US Jobs Beat Forecast
Wall Street Storms to Records Q3 Opening Week After US Jobs Beat Forecast
Sputnik International
NEW YORK (Sputnik) - US stocks made their third-quarter weekly debut with record highs for the blue-chip S&P 500 and tech-heavy Nasdaq Composite indexes as... 02.07.2021, Sputnik International
2021-07-02T21:58+0000
2021-07-02T21:58+0000
2022-11-15T08:56+0000
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The S&P 500 index, which groups the top 500 stocks on the New York Stock Exchange, raced to an all-time high of 4,355 before closing at 4,351. It was up 0.7% on the day and 1.6% on the week and quarter, extending its second-quarter gain of 8%.Nasdaq, which includes high-flying tech stocks such as Facebook, Amazon, Apple, Microsoft, Netflix and Google, hit a record high of 14,649 before settling at 14,639. It rose 0.8% on the day and 1.9% on the week and quarter, after the previous quarterly gain of nearly 10%.The Dow Jones Industrial Average, the broadest US equity barometer on the New York Stock Exchange, finished at 34,786, rising 0.4% on the day and 1.0% on the week and quarter. The Dow was the only laggard among major US equity indices in the second quarter, falling 4.6%.This week’s rally came after the Labor Department’s non-farm payrolls report for June showed that US employers added 850,000 jobs in June, at least 100,000 above average forecast levels, signaling further economic recovery from the COVID-19 coronavirus pandemic.
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business, newsfeed, wall street, market, jobs, stocks, s&p 500, us
business, newsfeed, wall street, market, jobs, stocks, s&p 500, us
Wall Street Storms to Records Q3 Opening Week After US Jobs Beat Forecast
21:58 GMT 02.07.2021 (Updated: 08:56 GMT 15.11.2022) NEW YORK (Sputnik) - US stocks made their third-quarter weekly debut with record highs for the blue-chip S&P 500 and tech-heavy Nasdaq Composite indexes as strong job numbers for June signaled a further recovery from the coronavirus pandemic.
The S&P 500 index, which groups the top 500 stocks on the New York Stock Exchange, raced to an all-time high of 4,355 before closing at 4,351. It was up 0.7% on the day and 1.6% on the week and quarter, extending its second-quarter gain of 8%.
Nasdaq, which includes high-flying tech stocks such as Facebook, Amazon, Apple, Microsoft, Netflix and Google, hit a record high of 14,649 before settling at 14,639. It rose 0.8% on the day and 1.9% on the week and quarter, after the previous quarterly gain of nearly 10%.
The Dow Jones Industrial Average, the broadest US equity barometer on the New York Stock Exchange, finished at 34,786, rising 0.4% on the day and 1.0% on the week and quarter. The Dow was the only laggard among major US equity indices in the second quarter, falling 4.6%.
This week’s rally
came after the Labor Department’s non-farm payrolls report for June showed that US employers added 850,000 jobs in June, at least 100,000 above average forecast levels, signaling further economic recovery from the COVID-19 coronavirus pandemic.
