Stocks Rally To Record Highs On Friday
Stocks Rally To Record Highs On Friday

US stocks climbed on Friday after disappointing November jobs data buoyed hopes for a near-term stimulus deal.

The S&P 500, Dow Jones industrial average, and the Nasdaq composite all closed at all-time highs.

The US unemployment rate edged downward from 6.9% to 6.7% meeting economists' forecasts.

The S&P 500 closed at 3,699.12, up 0.9% on Friday.

The Dow Jones industrial average closed at 30,218.26, up 0.8% (249 points).

While the Nasdaq composite saw closing numbers of 12,464.23, up 0.7%.