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Stocks rise as investors pore over October payroll data

Stocks rise as investors pore over October payroll data

U.S. stocks charged higher Friday morning as traders assessed monthly employment figures and weighed talks that China may ease COVID restrictions. The S&P 500 (^GSPC) bounced 1.4% at the start of trading but was poised for a weekly loss. The Dow Jones Industrial Average (^DJI) jumped 330 points, or 1%, while the technology-focused Nasdaq Composite (^IXIC) advanced 1.5%. The U.S. economy added 261,000 jobs in October, while September’s reading was upwardly revised to 315,000 from 263,000… Source link

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