US stocks rocketed higher Friday morning after the US Labor Department said America added 2.5 million jobs last month.
That shocking announcement confirmed investors’ hopes that the economy was starting to bounce back from the depths of the coronavirus pandemic.
Here is where things stood at opening:
- The Dow opened 700 points higher.
- The S&P 500 was up 2%
- The Nasdaq, which is up 1.2%, is just about 100 points away from hitting an all-time high.