US stocks near new record

By Associated Press

Apr 08, 2024 12:22 am

NEW YORK CITY: Stocks ended solidly higher, and bond yields rose Friday (Saturday in Manila) as Wall Street welcomed a surprisingly strong US jobs report.

The S&P 500 rose 1.1 percent, making up most of the loss from the previous day and moving closer to its record high set last week. The benchmark index still posted its first weekly loss in three weeks.

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