US Stock Market Highlights: Dow jumps more than 300 points, S&P 500 sets new record after strong June jobs report

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HomeMarket NewsUS Stock Market Highlights: Dow jumps more than 300 points, S&P 500 sets new record after strong June jobs report

US Stock Market Highlights: US stocks rose on Thursday (July 3), with the S&P 500 and Nasdaq Composite hitting fresh record highs, after a better-than-expected jobs report fueled optimism that the US economy was hanging tough despite fast-changing trade policy and geopolitics. The Dow Jones Industrial Average advanced 344.11 points, or 0.77%, settling at 44,828.53. The S&P 500 added 0.83% to close at 6,279.35, while the Nasdaq gained 1.02% and ended at 20,601.10.

 Dow jumps more than 300 points, S&P 500 sets new record after strong June jobs report

US Stock Market Highlights:  US stocks rose on Thursday (July 3), with the S&P 500 and Nasdaq Composite hitting fresh record highs, after a better-than-expected jobs report fueled optimism that the US economy was hanging tough despite fast-changing trade policy and geopolitics. The Dow Jones Industrial Average advanced 344.11 points, or 0.77%, settling at 44,828.53. The S&P 500 added 0.83% to close at 6,279.35, while the Nasdaq gained 1.02% and ended at 20,601.10. Both the S&P 500 and the Nasdaq Composite also closed at records. Nonfarm payrolls rose by 147,000 in June, the Bureau of Labour Statistics reported Thursday. That’s above the Dow Jones forecast from economists for 110,000 and the upwardly revised 144,000 in May. The unemployment rate also fell to 4.1%, while economists had projected an increase to 4.3%.

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