Two businessmen consulting one another on the trade floor
For the month of November, the U.S. added 211,000 jobs for the American people. By providing these jobs, it has shown that the economy is highly ready for takeoff at the next Federal Reserve meeting, where the first rate hike in 9.5 years could take place. After rallying the November job reports, stocks celebrated their huge gains. The Dow finished up 369 points, the S&P 500 closed up 41 points, and the Nasque finished up 104 points. McDonalds is the #3 winner in the Dow, hitting a lifetime high and trading above $115 a share.
|
No comments:
Post a Comment