Stocks rose sharply on Friday after a surge in hiring by U.S. employers added to evidence that America’s economy is strengthening, even as other countries stumble. Nearly every kind of stock rose, small and large and across industries. All ten sectors in the S&P 500 ended higher.
The Dow Jones industrial average rose 208.64, or 1.2 per cent, to 17,009.69.
The Standard & Poor’s 500 index rose 21.73 points, or 1.1 per cent, to 1,967.90.
The Nasdaq composite rose 45.43 points, or 1 per cent, to 4,475.62.
For the week:
The Dow is down 103.46 points, or 0.6 per cent.
The S&P 500 is down 14.95 points, or 0.8 per cent.
The Nasdaq is down 36.57 points, or 0.8 per cent.
For the year:
The Dow is up 433.03 points, or 2.6 per cent.
The S&P 500 index is up 119.54 points, or 6.5 per cent.
The Nasdaq is up 299.03 points, or 7.2 per cent.