US stock market rally on strong U.S. jobs report
The Dow Jones Industrial Average closed up 7.2 percent, its highest close since February.
The S&P 500 gained 4.3 percent.
The Nasdaq composite gained 2.4 percent.
The S&P 500 is up more than 1,200 points so far this year, while the Nasdaq has risen more than 200 points.
For the year, the S&s have risen 526.5 points, while Nasdaq’s risen 2,974.6 points.
The U.K. is the biggest gainer on the S+P index.
The pound fell against the dollar after the report, while France rose against the euro.
The dollar index has risen 1.3% so far in 2017, while its gained more than 2% against the greenback.
The Dow Jones industrial average closed up 561.05 points, or 0.5 percent, to 21,967.84.
The Dow is up 528.08 points, and the NasDAQ is up 1,906.21 points.
The Russell 2000 index is up 9.63 points, with a gain of 10.25 points.
- How Facebook’s ‘finance’ platform could become a game-changer for startups and money managers
- What is up with up-stock and what’s up with the NAB?
- What you need to know about the new kitten boom
- United Airlines stock prices up 0.1% after new jet delays
- Bitcoin crash, stock market turmoil: How the ‘Gut Feeling’ Affects the Stock Market