share_log

Dow Jumps Over 100 Points; US Economy Adds 303,000 Jobs In March

Benzinga ·  Apr 5 09:50

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 100 points on Friday.

Following the market opening Friday, the Dow traded up 0.30% to 38,713.29 while the NASDAQ rose 0.35% to 16,105.67. The S&P 500 also rose, gaining, 0.35% to 5,165.43.

Leading and Lagging Sectors

Communication services shares jumped by 0.6% on Friday.

In trading on Friday, utilities shares fell by 0.3%.

Top Headline

U.S. employers added 303,000 nonfarm payrolls in March, marking an increase from the 270,000 reading in February and surpassing the expected 212,000, the Bureau of Labor Statistics said Friday.

The unemployment rate slowed from 3.9% to 3.8%, easing more than expected.

Equities Trading UP

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment