Stocks rose on Wall Street following a better-than-expected report on the U.S. job market. The S&P 500 climbed 1 percent Friday, marking its second weekly gain in a row.
The Dow Jones Industrial Average added 1 percent, and the Nasdaq composite rose 1.2 percent.
U.S. employers slowed their hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars. Lululemon Athletica sank after lowering its profit forecast for the full year.
On Friday:
The S&P 500 rose 61.06 points, or 1 percent, to 6,000.36.
The Dow Jones Industrial Average rose 443.13 points, or 1 percent, to 42,762.87.
The Nasdaq composite rose 231.50 points, or 1.2 percent, to 19,529.95.
The Russell 2000 index of smaller companies rose 34.89 points, or 1.7 percent, to 2,132.25.
For the week:
The S&P 500 is up 88.67 points, or 1.5 percent.
The Dow is up 492.80 points, or 1.2 percent.
The Nasdaq is up 416.19 points, or 2.2 percent.
The Russell 2000 is up 65.96 points, or 3.2 percent.
For the year:
The S&P 500 is up 118.73 points, or 2 percent.
The Dow is up 218.65 points, or 0.5 percent.
The Nasdaq is up 219.16 points, or 1.1 percent.
The Russell 2000 is down 97.91 points, or 4.4 percent.
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