US stock market today: The US Labor Department released employment data significantly beating the consensus estimates, but the unemployment rate rose slightly. The US stock market today opened higher and went up, and the three major indexes rose more than 1%.
At of the closing bell of the US stock market: The Dow Jones Industrial Average reported at 13,096.02 points, up 217.14 points, or 1.69%; the Nasdaq composite index ended at 2,967.90 points, up 58.13 points, tor 2.00%; the Standard & Poor’s 500 index closed at 1,391.00 points,up 26.00 points, or 1.90%
International Monetary Fund (IMF) pointed out in a report released on Thursday that if the European debt problem can not be resolved, this may lead to regional economic recession and the local financial industry assets may be undersold, the guidance for the growth of the global main economic entities may also be cut by a few percentage points.
The Spanish government on Friday announced a three-year savings plan of 1021 million euros (about $125 billion), trying to restore the confidence of the outside in its public sector financials.
The US Labor Department announced that non-farm payrolls added 163,000 in July, substantially higher than 10,000 economists had averagely expected. Non-farm payrolls added 80,000 in June.
The US Department of Labor also announced the unemployment rate was 8.3% in July, slightly higher than economists had expected 8.2%. The June unemployment rate was 8.2%.
US stock market today: All the sectors saw green, with Financial Services and Energy sectors leading the gains.