Dow jumps following lower open

Markets 12/7/2018, 3:52 PM
Dow jumps following lower open

Stocks traded higher on Friday following a lower open as news the US economy added only 155,000 jobs last month led investors to expect the Federal Reserve to slow down its pace of interest rate hikes. Earlier, a report suggesting the Fed is mulling a more cautious approach to interest rate hikes emerged.

The Dow Jones Industrial Average advanced 0.33% at 3:53 pm CET, while the S&P 500 gained 0.24% at the same time. Meanwhile, the Nasdaq 100 was 0.18% in the red at the time.

Breaking the News / JC

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