Markets Close the Week in Strong Fashion

Dow is up 301
By Newser Editors and Wire Services
Posted Nov 1, 2019 3:20 PM CDT
Trader Sal Suarino works on the floor of the New York Stock Exchange, Wednesday, Oct. 30, 2019.   (AP Photo/Richard Drew)

(Newser) – Stocks closed at record highs on Friday after a solid jobs report reassured investors that the economy was on solid footing. The S&P 500 rose 29 points, or 1%, to 3,066, per the AP. The Dow Jones Industrial Average climbed 301 points, or 1.1%, to 27,347, and the Nasdaq rose 94 points, or 1.1%, to 8,386. Technology and industrial companies rose the most during the day. Apple rose 2.8% and Union Pacific climbed 4.3%. The S&P 500 closed at a record for the third time this week and had its fourth straight weekly gain. The Nasdaq reached an all-time high for the first time since July. (Read more stock market stories.)

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