NASDAQ up for the 10th consecutive trading day

The major indices jumped higher on the stronger jobs report. Despite the stronger report, US yields moved down as follow-through buying in debt instruments after the FOMC decision are helping the tone:

  • NASDAQ and S&P close at record levels for the seventh consecutive day
  • Dow industrial average closes at a record as well after yesterday's declines
  • The Russell 2000 index also closed at a record level
  • The NASDAQ index traded above the 16,000 level for the first time ever on its way to a new all-time high of 16053.39

The final numbers are showing:

  • Dow industrial average rose 203.70 points or 0.56% at 36327.96
  • S&P index is up 17.47 points or 0.37% at 4697.54
  • NASDAQ index is up 31.29 points or 0.2% at 15971.60
  • Russell 2000 index rose 34.65 points or 1.44% at 2437.09

For the trading week, the

  • Dow rose 1,45%
  • S&P rose 1.99%
  • Nasdaq index rose 3.06%
  • Russell 2000 rose 6.12%.

US yields are trading lower with the 30 year down -7.7 basis points.

US yields are lower

The JPY is ending the day as the strongest of the majors while the GBP is the weakest.

The US dollar is weaker