Nasdaq up 4.26%. S&P up 3.43%
It was a huge day for stocks today as the jobs report and a more dovish/less hawkish Powell ignited a rally. In addition, some technical levels were taken out including the 100 hour MA for the S&P (see posts).
The final numbers are showing:
- The S&P index rose 84.05 points or 3.43% at 2531.94
- The Nasdaq index rose 275.25 points or 4.26% at 6738.85
- The Dow rose 746.94 points or 3.29% at 23433.16
FYI the European major indices also had steller gains today. Below is a graphical look at the major indices in Europe and the US. All of them closed near the highs.
![](http://az705044.vo.msecnd.net/20190104/2019-01-04_14-08-35.jpg)
For the week, the Nikkei was the only loser. The rest of the major global indices are ending with gains with Spain's Ibex leading the charge at up 4.47%.
![](http://az705044.vo.msecnd.net/20190104/2019-01-04_14-13-01.jpg)