Markets Reclaim Most of Week's Lost Ground

Dow rises 219
By Newser Editors and Wire Services
Posted Jun 1, 2018 3:24 PM CDT
Markets Reclaim Most of Week's Lost Ground
Trader Gregory Rowe works on the floor of the New York Stock Exchange, Thursday, May 31, 2018.   (AP Photo/Richard Drew)

The stock market clawed back most of the ground it lost earlier this week following a surprisingly robust jobs report for last month. The Dow Jones industrial average rose 219 points, or 0.9%, to 24,635, per the AP. The Nasdaq composite climbed 112 points, or 1.5%, to 7,554, and the S&P 500 rose 28 points, or 1.1%, to 2,734. Technology companies led the way higher Friday, as they have all year. Alphabet, Google's parent company, climbed 3.2% and Apple increased 1.8%. Bond yields and the dollar also rose after the government report showed that the job market continued to strengthen in May.

(More stock market stories.)

Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.