Dow Soars 200 Points on Blowout Jobs Report, But Tepid Wages Rattle Bond Markets18

By CCN: The Dow and broader U.S. stock market blasted higher on Friday after stronger than expected jobs data quelled lingering doubts about the health of the domestic economy. But the picture wasn’t perfect, as tepid wage growth rattled bond markets, sending U.S. Treasury yields lower. Dow Adds Triple Digits; S&P 500 Closes on Record Territory All of Wall Street’s major indexes prepared to close sharply higher, reflecting a strong pre-market for Dow futures. The Dow Jones Industrial Average rose by as much as 218 points through the middle of the day. It would later pair gains to settle up

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https://www.ccn.com/dow-soars-200-points-on-blowout-jobs-report-but-tepid-wages-rattle-bond-markets

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