Stocks Rally On Hot Jobs Report—But Here’s Why It’s Not All Roses For Investors
The Dow Jones Industrial Average rose as much as 0.7%, or 300 points, the S&P 500 climbed as much as 0.8% and the tech-heavy Nasdaq bounced as much as 1.2% and the small-cap Russell 2000 surged 1.6% shortly after market open, though gains were trimmed by late morning trading.