US stocks at record highs af­ter strong jobs re­port

The Myanmar Times - - International Business -

A strong US jobs re­port lifted Wall Street stocks to fresh records on Au­gust 5 and helped pro­pel Euro­pean eq­ui­ties higher. both the broad-based S&P 500 and the tech-rich Nasdaq fin­ished at all-time highs af­ter the La­bor De­part­ment re­ported a big gain in jobs in July and up­graded em­ploy­ment es­ti­mates for the prior two months.

Each of the ma­jor US in­dices rose about 1 per­cent in­clud­ing the Dow, which ended only 12 points away from a record of its own.

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