Stocks rose on Friday even after the ugliest monthly jobs report ever as investors bet the worst of the coronavirus and its impact on the economy has passed.
The Dow Jones Industrial Average jumped 455.43 points, or 1.9%, to 24,3331.32, closing near its session high. The S&P 500 gained 1.6%, or 48.61 points, to 2,929.80, while the Nasdaq Composite climbed 1.5%, or 141.66 points, to 9,121.32.
All three averages posted their first weekly advance in three. The Dow and S&P 500 were up 2.5% and 3.5% for the week, respectively, while the Nasdaq jumped 6%.
BHP makes $39bn bid for Anglo American amid copper rush
-
Copper is a big business for Anglo American, accounting for 20% of sales.
© ReutersRURIKA IMAHASHI and SOTARO YUMAE, Nikkei staff writers |
SYDNEY/LONDON...
25 minutes ago
No comments:
Post a Comment