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How major US stock indexes fared Friday 8/7/2026
Employers unexpectedly cut 23,000 jobs last month; stocks rose and Treasury yields fell
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LA NACION
Stocks rose on Wall Street and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.
The S&P 500 rose 0.6% Friday, topping the all-time high it set on Tuesday. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite added 1.3%.
The weaker signal on the job market raised hopes that the Federal Reserve can wait longer before raising interest rates to fight inflation.
The yield on the 10-year Treasury fell to 4.64%.
The price of Brent crude rose 1.3%.
On Friday:
The S&P 500 rose 47.68 points, or 0.6%, to 7,757.64.
The Dow Jones Industrial Average rose 151.83 points, or 0.3%, to 54,036.93.
The Nasdaq composite rose 342.26 points, or 1.3%, to 26,690.62.
The Russell 2000 index of smaller companies rose 32.95 points, or 1.1%, to 3,034.49
For the week:
The S&P 500 is up 267.92 points, or 3.6%.
The Dow is up 1,551.90 points, or 3%.
The Nasdaq is up 1,316.76 points, or 5.2%.
The Russell 2000 is up 103.16 points, or 3.5%.
For the year:
The S&P 500 is up 912.14 points, or 13.3%.
The Dow is up 5,973.64 points, or 12.4%.
The Nasdaq is up 3,448.62 points, or 14.8%.
The Russell 2000 is up 552.59 points, or 22.3%.
LA NACION
