Stocks Climb to New Records as U.S. Payrolls Finally Surpass Pre-Recession Peak

By
A A A

Stocks rose Friday, lifting market benchmarks to fresh records after the Labor Department reported another month of strong jobs hiring in May, finally erasing all of the nation's employment losses from the 2008-'09 recession. Employers added 217,000 workers last month, the fourth consecutive month payrolls rose more than 200,000 for the first time since early 2000. Nearly all sectors in the S&P 500 rose, led by shares of industrial and energy companies, while healthcare stocks were the lone industry laggard.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks:

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

33,110,376
  • $113.99 ▲ 1.77%
25,034,179
    $17.98 unch
24,486,872
  • $7.41 ▲ 2.07%
20,864,535
  • $7.39 ▼ 2.76%
18,600,501
  • $8.30 ▼ 0.36%
17,530,211
  • $8.14 ▲ 3.17%
17,299,208
  • $93.79 ▲ 2.74%
14,669,760
  • $25.78 ▼ 0.19%
As of 12/26/2014, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com