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Stock market today: Wall Street leaps, nearly escapes its bear market after strong jobs report

Summary by Ground News
The S&P 500 leaped 1.5% for the latest surge in a rally that's vaulted it nearly 20% since mid-October. The Dow Jones Industrial Average rallied 701 points, or 2.1%, while the Nasdaq composite gained 1.1%. The Labor Department's monthly jobs report also showed a slowdown in increases for workers.

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Bias Distribution

  • 76% of the sources are Center
76% Center
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Star Advertiser broke the news in Honolulu, United States on Friday, June 2, 2023.
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