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U.S. stocks rose to records after data suggested the job market
remains solid enough to keep the economy going, but not so
strong that it raises immediate worries about inflation.
The S&P 500 climbed 0.2%, just enough top the all-time high set
on Wednesday, as it closed a third straight winning week in what
looks to be one of its best years since the 2000 dot-com bust.
The Dow Jones Industrial Average dipped 0.3%, while the Nasdaq
composite climbed 0.8% to set its own record.
Treasury yields eased after the jobs report showed stronger
hiring than expected but also an uptick in the unemployment
rate.
On Friday:
The S&P 500 rose 15.16 points, or 0.2%, to 6,090.27.
The Dow Jones Industrial Average fell 123.19 points, or 0.3%, to
44,642.52.
The Nasdaq composite rose 159.05 points, or 0.8%, to 19,859.77.
The Russell 2000 index of smaller companies rose 12.83 points,
or 0.5%, to 2,408.99.
For the week:
The S&P 500 is up 57.89 points, or 1%.
The Dow is down 268.13 points, or 0.6%.
The Nasdaq is up 641.61 points, or 3.3%.
The Russell 2000 is down 25.73 points, or 1.1%.
For the year:
The S&P 500 is up 1,320.44 points, or 27.7%.
The Dow is up 6,952.98 points, or 18.4%.
The Nasdaq is up 4,848.42 points, or 32.3%.
The Russell 2000 is up 381.92 points, or 18.8%.
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