Wall Street rallies to highs after upbeat U.S. jobs data
Friday, 1 November 2019 () U.S. stocks rallied to close out the trading week on Friday as the S&P 500 set a closing record for the third time in five days after an upbeat U.S. jobs report and data on Chinese manufacturing lessened concerns about slowing global growth.
A major labor strike at General Motors didn't do much to slow U.S. employment growth last month, according to figures released by the U.S. Department of Labor on Friday - a sign that the U.S. economy remains staunchly resilient amid slower growth elsewhere. The U.S. economy added 128,000 in...
So what in the world happened in stocks Thursday? You may think it's counterintuitive that stocks would rise after the ISM non-manufacturing index showed poor results. Think again. Before we break down..