The Dow Jones industrial average topped 17,000 for the first time Thursday, the index’s first big 1,000-point milestone this year, following news that hiring in the U.S. accelerated last month. The market rose from the opening of trading after the government reported that U.S. employers hired more employees than investors and economists expected. Trading ended early ahead of the Independence Day holiday. U.S. markets will be closed Friday.
The Dow Jones industrial average rose 92.02 points, or 0.5 percent, to close at 17,068.26.
The Standard & Poor’s 500 index rose 10.82 points, or 0.6 percent, to 1,985.44.
The Nasdaq composite index added 28.19 points, or 0.6 percent, to 4,485.93.
For the week:
The Dow rose 216.42 points, or 1.3 percent.
The S&P 500 rose 24.48 points, or 1.3 percent.
The Nasdaq rose 88 points, or 2 percent.
For the year:
The Dow is up 491.60 points, or 3 percent.
The S&P 500 index is up 137.08 points, or 7.4 percent.
The Nasdaq is up 309.34 points, or 7.4 percent
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