How major US stock indexes fared Friday, 12/8/2023

How major US stock indexes fared Friday, 12/8/2023

SeattlePI.com

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Stocks pushed higher on Wall Street, leaving the market with its sixth weekly gain in a row. That’s the longest such winning streak in four years. The gains Friday came after a report showed the job market isn’t slowing as much as expected. The S&P 500, the Dow and the Nasdaq composite each gained 0.4%. Treasury yields rose more sharply following the report, which said U.S. employers added more jobs than economists expected last month. The strong data keep concerns about a recession at bay, but the worry is a strong economy could also give inflation more fuel.

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