Wall Street Extends Record Rally on Strong Jobs Report

Wall Street Extends Record Rally on Strong Jobs Report
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Oct. 27, 2021. Brendan McDermid/Reuters
Reuters
Updated:

Wall Street’s main indexes hit record highs in a broad-based rally on Friday as data showing strong jobs growth in October boosted sentiment about economic growth.

Ten of the 11 major S&P sectors advanced in early trading, with economy-sensitive energy, financials, and industrials gaining more than 1 percent each.