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U.S. stocks hit fresh records as jobs report eases rate-hike fears
The S&P 500 and Nasdaq capped their best week since April, alongside gains in all three major indexes.
U.S. stocks rose to fresh records after a jobs report eased market worries about additional rate hikes, according to The Wall Street Journal.
WSJ Markets reported that all three major stock indexes advanced, with both the S&P 500 and the Nasdaq ending the week at their best levels since April.
The rally reflected improved rate expectations following the labor data, supporting a broad advance across U.S. equities.
Latest closeS&P 500 7,675.92 ▼0.4%|Nasdaq Comp. 26,749.30 ▼0.7%
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