Wall Street has best day since 2022 after an encouraging update on US job market; S&P 500 up 2.3%
- U.S. Stocks rose after a better-than-expected report on unemployment boosted investors' confidence in the economy, as reported by AP.
- The S&P 500 increased by 2.3%, marking its best day since 2022, aided by strong earnings and labor market data.
- The Dow Jones Industrial Average also climbed, gaining 664 points, with major contributions from Nvidia and other Big Tech stocks.
63 Articles
63 Articles
Wall Street rallies to best day since '22
NEW YORK — U.S. stocks rallied to their best day since 2022 in Wall Street's latest sharp swerve. The S&P 500 jumped 2.3% Thursday after a better-than-expected report on unemployment calmed worries about the slowing economy. The Dow Jones Industrial…
Wall Street records best day since 2022 after jobs data calms recession fears, ASX to rise
A week after US jobs data sent global financial markets into a panic, a strong rally on Wall Street has seen the S&P 500 record its best day since November 2022 — erasing almost all of the losses from earlier this week. Follow live.
US stock markets rally; S&P 500 sees best day since 2022
NEW YORK — U.S. stocks rallied Thursday in Wall Street's latest sharp swerve after a better-than-expected report on unemployment eased worries about a slowing economy. The S&P 500 jumped 2.3% for its best day since 2022 and shaved off all but 0.5% of its loss from what was a brutal start to the week. The Dow Jones Industrial Average rose 683 points, or 1.8%, and the Nasdaq composite climbed 2.9% as Nvidia and other Big Tech stocks helped lead t…
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