US Stocks Rise on Strong Jobs Report
US stocks
New York - QNA
US stocks rose Friday, with the Nasdaq Composite Index setting a new closing record, as Wall Street cheered over the country's better-than-expected jobs report.
The Dow Jones Industrial Average jumped 186.55 points, or 0.94%, to 20,071.46.
The S&P 500 added 16.57 points, or 0.73%, to 2,297.42.
The Nasdaq Composite Index was up 30.57 points, or 0.54%, to 5,666.77.
US total nonfarm payroll employment increased by 227,000 in January, well above market consensus of 175,000, the Labor Department reported Friday. The unemployment rate was little changed at 4.8%.
In January, average hourly earnings for all employees on private nonfarm payrolls rose by 3 cents to $26.00, following a 6-cent increase in December. Over the year, average hourly earnings have risen by 2.5%.
Meanwhile, the Non-Manufacturing Index, which measures activity in the US service sector, registered 56.5% in January, missing market expectations of 57.0, the Institute for Supply Management (ISM) said in its monthly survey Friday.
For the week, the blue-chip Dow edged down 0.1%, while both the S&P 500 and the Nasdaq rose 0.1%.
GMT 09:57 2018 Sunday ,14 January
Euro scales 3-year dollar pinnacle on German deal hopesGMT 08:46 2017 Saturday ,25 November
US stocks at records; euro gains on hopesGMT 10:08 2017 Friday ,14 April
Global stocks drop on geopolitical anxiety; dollar ralliesGMT 10:23 2017 Saturday ,04 March
US stocks up, dollar down as Yellen signals likely rate hikeGMT 21:28 2017 Thursday ,16 February
US Stocks End High on TuesdayRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:58 2019 Monday ,19 August
You find yourself facing new professional
GMT 13:17 2016 Friday ,16 December
As football spending tops $1bn
GMT 14:27 2017 Thursday ,16 February
Lenovo profit misses estimates as PC rivals erode global lead
GMT 21:31 2017 Saturday ,04 March
US investors bet Trump-fuelled tech rally far from over
GMT 07:25 2017 Saturday ,15 July
Jordanian girls managed to design gowns
GMT 08:01 2017 Monday ,06 November
Japan to freeze assets of 35 N. Korean groups, individuals
GMT 14:44 2017 Tuesday ,26 September
Guteress to submit third report on 2334 settlement resolution
GMT 20:25 2017 Monday ,16 January
Arabs at Davos: Improving the state of the world
GMT 12:52 2018 Wednesday ,31 October
US calls for end of Yemen conflict, Sweden willing to provide a venue for talks
GMT 16:30 2017 Wednesday ,16 August
Egypt population to hit 128 m if current birth rate continues
GMT 09:20 2017 Thursday ,10 August
Saad’s mother pushed him to issue new song
GMT 15:54 2018 Thursday ,18 January
Worst-case global warming scenarios not credible
GMT 18:36 2018 Wednesday ,10 January
Protests in Brussels ahead of Iran nuclear meeting
GMT 04:59 2018 Monday ,01 January
Iran 'tested by its own citizens': Haley
GMT 11:18 2017 Thursday ,07 September
Government Treasury Bills issue 1668 oversubscribed by 109%
GMT 07:35 2017 Monday ,09 January
Natural Exterior Siding Options to Blend with Your Outdoor Garden by Jason Olbres
GMT 13:58 2017 Tuesday ,01 August
Disturbing' sexual harassment at Australian universities
GMT 09:15 2017 Monday ,16 October
Evaluation of psychological needs step
GMT 14:00 2017 Wednesday ,01 November
Saudi Cabinet underlines importance of economic transformation
GMT 03:52 2017 Sunday ,09 April
Hypermarket chain ties up with ministry to promote organic farming
GMT 13:47 2017 Tuesday ,26 September
Gov't creates equal opportunities for men, women
GMT 10:00 2017 Thursday ,09 February
Feng Shui Style Is The Best For Your Kid’s Room
GMT 06:46 2017 Monday ,08 May
Two safe UAE drivers win cars as part of white point system
GMT 13:59 2018 Wednesday ,12 December
Turkey may soon launch military operation east of Euphrates River, Erdogan says
GMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staff
GMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisis
GMT 09:39 2018 Monday ,12 November
Painting with her feet, Syrian artist Duaa al-Bustati conquers her disability
GMT 12:39 2018 Thursday ,18 October
"Lavrov" Any foreign presence in Syria without invitation by government is illegitimate
GMT 15:35 2018 Monday ,15 October
Kuwaiti diplomat hands in written letter to Romanian FM
GMT 12:54 2018 Thursday ,04 October
European partners in Nord Stream 2 project support its implementation
GMT 11:22 2018 Tuesday ,23 January
Turkish Cypriot paper attacked over Syria 'occupation' headline
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor