Dow Soars 332 as Jobs Report Eases Inflation Fears, Cheers Wall Street

Dow Soars 332 as Jobs Report Eases Inflation Fears, Cheers Wall Street

Dow Soars 332 as Jobs Report Eases Inflation Fears, Cheers Wall Street

The three major U.S. stock indexes rose more than 1 percent on Friday after weaker-than-expected U.S. wage growth helped to calm investor fears about rising interest rates and inflation, though the S&P 500 and Dow Industrials still posted losses for the week.


The Dow Jones Industrial Average rose 332.36 points, or 1.39 percent, to 24,262.51, the S&P 500 gained 33.71 points, or 1.28 percent, to 2,663.44 and the Nasdaq Composite added 121.47 points, or 1.71 percent, to 7,209.62. 



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