S&P 500 and Dow Reach Record Highs Amid Strong Jobs Data

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Source: CNBC
S&P 500 and Dow Reach Record Highs Amid Strong Jobs Data
Photo: CNBC
TL;DR

The S&P 500 reached a new intraday high on Friday, supported by a mixed jobs report showing 50,000 new jobs in December and a slight decrease in the unemployment rate to 4.4%. Major indices are on track for a weekly gain, with the market reacting positively to economic stability and government actions like Trump's mortgage bond purchase plan. Several stocks hit 52-week highs, and the market opened in the green, reflecting investor optimism amid ongoing economic and political developments.

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