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Stocks rise on jobs data, S&P 500 ends week with solid gain

 

Last updated 7/2/2020 at 2:19pm



STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA

AP Business Writers

NEW YORK (AP) — Stocks closed broadly higher on Wall Street Thursday as investors welcomed a report showing the U.S. job market continues to climb out of the crater created by the coronavirus pandemic.

The S&P 500 rose 0.5%, its fourth-straight gain. The index ended the holiday-shortened week with a gain of 4%. The Nasdaq composite climbed to another all-time high, aided by more gains in technology companies. Energy companies notched some of the biggest gains as oil prices strengthened on hopes that a recovering economy will m...



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