Friday, 8 May 2015

US Market Update

An April rebound in US jobs growth boosted Wall Street and supported the dollar on Friday, while a surprise Conservative victory cast away fears of a hung British Parliament and sparked a rally in sterling and European stock markets.
The Dow Jones industrial average .DJI closed up 264.98 points, or 1.48 percent, to 18,189.04, the S&P 500 .SPX ended up 27.91 points, or 1.34 percent, to 2,115.91 and the Nasdaq Composite .IXIC finished 58.00 points, or 1.17 percent, higher to 5,003.55. [.N]

 

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