The performance of US stock indices varied at the end of trading today, Friday, December 2, following the monthly jobs report, but the indices achieved their first collective weekly gains since October.
Stock indices succeeded in reducing their previous losses, with the markets evaluating the issued data and its impact on the Federal Reserve’s decision at its upcoming meeting later this month.
At the end of the session, the Dow Jones index rose by 0.1%, or about 35 points, to 34429.88 points, after declining by about 350 points in earlier trading.
The Standard & Poor’s index fell by 0.1%, to 4,071.70 points, while the Nasdaq fell by 0.2%, to 11,461.50 points.
This, the Nasdaq index achieved gains this week by 2.1%, and the S&P 500 rose by 1.1% over the course of the week, while the Dow Jones recorded weekly gains of about 0.2%. ..
It should be noted that the US economy added about 263 thousand jobs during November, exceeding expectations of adding 260 thousand.