BUSINESS

U.S. Stocks Rise

U.S. stocks shoot up at the close of the workweek following the news of the monthly jobs report and positive outlook from President Donald Trump on trade talks with China spurred riskier bets, putting the benchmark S&P 500 index on track to log its second weekly gain in a row.

Wall Street’s main indexes are now close to all-time highs that they hit last week, after being nudged off by mixed headlines on US-China trade.

A Labor Department report showed domestic job growth increased by the most in 10 months in November, aided by striking workers returning to General Motors’ payrolls and more hiring in the healthcare industry.

Pollyanna Davy, Readers Bureau, Fellow

Edited by Jesus Chan

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