Dow Tops 29,000 for First Time as Investors Shake Off Weak Jobs Report
Posted on AllSides January 10th, 2020
From The Right
The Dow Jones Industrial Average on Friday crossed the 29,000 mark for the first time, as gains in technology and healthcare stocks offset concerns from a report showing slower-than-expected U.S. jobs growth in December.
U.S. stocks opened at record highs, brushing off government data that showed U.S. jobs increased by 145,000 last month, below the forecast for a 164,000 rise.
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