03 July 2020

Jobs report fuels U.S. stocks higher Thursday, while coronavirus concerns limit rise


July 2 (UPI) -- U.S. stocks climbed on Thursday following a jobs report that smashed expectations.The Dow Jones Industrial Average ended the day up about 92 points, or 0.36 percent, after having surged more than 200 points by 11:30 a.m. EDT. The blue-chip index on Tuesday finished its best quarterly performance since 1987.AdvertisementThe S&P 500 rose 0.45 percent and the Nasdaq closed up 0.56 percent.Earlier, the Labor Department reported that the U.S. economy added 4.8 million jobs for the [...]