Major stock indexes ended a choppy week with solid gains after the government reported that hiring in the USA jumped last month to the highest level since January and more in Friday's Stock Market Update.
The Dow gained more than 250 points, or about 0.9%, in early trading and all 30 Dow stocks were trading higher.
Nonfarm payrolls increased by 266,000 jobs last month, trouncing expectations of 180,000 additions as per economists polled by Reuters.
A surprisingly strong U.S.jobs report put investors in a buying mood Friday, driving stocks on Wall Street broadly higher and extending the market's winning streak to a third day.
European stocks were higher, with the Stoxx Europe headed 0.5% higher to 404.76.
The average America paid wage rose by Dollars 0.07 or 0.2% to USD 28.29 per hour.
‘Aladdin"s Prince Anders To Get Spinoff And Fans Aren’t Happy"
Billy brought the idea for a spinoff to Disney and the project is now being written by Jordan Dunn and Michael Kvamme . The film, directed by Guy Ritchie, made over 1 billion dollars at the global box office upon its release in May.
USA resumes Taliban talks in Doha
The United States and Taliban officials have announced a resumption of official negotiations for the first time since U.S. During the Kabul trip, Khalilzad urged the Afghan government to step up efforts to create an inclusive delegation.
4 accused in rape-murder case shot dead
The four suspects were arrested on November 29 for allegedly raping and killing the 26-year-old veterinary surgeon last week. The victim, who was on her way to her home, was stranded in the middle of the road as the accused punctured her two-wheeler.
Shares of 3M led the Dow's strong gains, rising more than 4%. The unemployment rate fell to 3.5%, a 50-year low, while average wages edged up 0.2% to $28.29 an hour.
RIDE SAFETY: Uber slipped 2.5% after a safety report revealed that more than 3,000 sexual assaults were reported during its US rides in 2018. President Donald Trump later said he could hold off on any deal until after the 2020 US election.
China has been seeking relief from some tariffs as part of the negotiations.
On Thursday, Trump said the world's two largest economies were inching closer to a trade deal.
If no deal is reached between the two countries soon, more tariffs on Chinese goods would come into effect from December 15. At the end of a week that has seen markets react to conflicting signals on the progress of negotiations, China's State Council on Friday began the process of exempting some soybeans and pork imported from the USA from punitive tariffs, the state-run Xinhua News Agency said.
West Texas Intermediate crude for January delivery slipped 37 cents, or 0.6% to $58.09 a barrel on the New York Mercantile Exchange, as the market is watching for a decision from the Organization of the Petroleum Exporting Countries on deepening oil-output reductions. The yield on the 10-year Treasury dipped to 3.20 percent from 3.22 late Friday in the first of trading after bond markets were closed for a holiday on Monday.