Market

US Markets Mostly Up as Jobs Data Exceeds Expectations

Positive Jobs Report Boosts US Markets

On Friday, major Wall Street stock markets closed mostly higher following the release of the United States Bureau of Labor Statistics report, which revealed that 227,000 jobs were created in November, slightly exceeding analysts' expectations. This positive news was complemented by a preliminary report from the University of Michigan showing an improvement in consumer confidence for December.

While the Dow Jones Industrial Average decreased by 0.28%, with UnitedHealth Group Inc. declining by 5.07%, the Nasdaq 100 advanced by 0.92%, and the S&P 500 rose by 0.25%. Notably, Lululemon Athletica Inc. saw a significant increase of 15.89% on both indexes.

In currency trading, the euro was down 0.22% against the dollar, selling for $1.05624 at 3:59 pm ET.