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All three of the major indexes (^DJI,^GSPC, ^IXIC) closed higher on Friday, with the Dow Jones Industrial Average rising 341 points and the Nasdaq Composite up 219 points. Stocks got a big boost after the September employment report showed the US added 254,000 jobs during the month, far more than the Bloomberg consensus estimate of 150,000. The unemployment rate also ticked lower to 4.1%.
Market Domination Overtime anchor Julie Hyman and Yahoo Finance Markets and Data Editor Jared Blikre recap the action at the close.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Stephanie Mikulich.