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Wall Street rallies after strong jobs report, Dow jumps 700

Por: The Boston Globe Business June 02, 2023

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NEW YORK — Stocks are rallying Friday after suggested a recession may not be as close as Wall Street had feared.The S&P 500 was 1.6 percent higher in afternoon trading and on pace for a third straight winning week. The index is also hovering near the exit for its current bear market, which it slipped into in June 2022 when it fell 20 percent from its last high point.The Dow Jones Industrial Average was up 733 points, or 2.22 percent, at... + full article



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