The Dow barrelled higher after Friday’s opening bell, as the US stock market bounded into the week’s final trading session no longer burdened by recession warnings. Wall Street also responded to Donald Trump’s revelation that US-China trade negotiations would likely wrap up within the next four weeks. Dow Jumps Higher as Nonfarm Payrolls Climb by 196,000 The Dow Jones Industrial Average leaped at the opening bell, rising 80.80 points or 0.31 percent to 26,465.43. The S&P 500 added 7.03 points or 0.24 percent to climb to 2,886.31, and the Nasdaq bounced back with a 23.85 point or 0.31 percent advance
The post Dow Survives Crucial Recession Test While Trump Touts Trade Progress appeared first on CCN
source https://www.ccn.com/dow-survives-crucial-recession-test-while-trump-touts-trade-progress
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