US stocks rallied Friday after a surprisingly strong report on the nation’s job market raised optimism about the economy. The Dow rose 341.16 points, or 0.8%, to 42,352.75,.
US stocks rallied Friday after a surprisingly strong report on the nation’s job market raised optimism about the economy.
Leading the way were banks, airlines, cruise ship operators, and other companies whose profits can benefit the most from a stronger economy where people are working and better able to pay for things. Norwegian Cruise Line steamed 4.9% higher, JPMorgan Chase rose 3.5%, and the small companies in the Russell 2000 index gained 1.
