Wall Street cheers jobs report

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Dow Jones Industrial Average surges 337 points

The Dow surged 337.27 points, or 1.22% to 28,015.06. The S&P 500 jumped 0.91% to end the day at 3,145.91. The Nasdaq Composite advanced 1.00% to 8,656.53. A blockbuster jobs report sparked the massive rally to conclude a choppy week of trading on Wall Street.

Job gains skyrocket in November

The Labor Department said the economy added 266,000 jobs last month. That print easily topped a Dow Jones estimate of 187,000. Friday’s…



Source cnbc.com

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