US Close 7 Dec 15: Strong lift in the US after strong job data. OPEC results hit oil
CommSec

US Close 7 Dec 15: Strong lift in the US after strong job data. OPEC results hit oil

2015-12-07
US sharemarkets soared on Friday with strong jobs data reassuring investors about the state of the US economy. Investors believe that the strong data justifies the Federal Reserve lifting rates next week. Financials led the gains but the energy sector eased. The Dow Jones index rose by 370 points or 2.1% with the S&P 500 also up 2.1% while the Nasdaq was up by almost 105 points or 2.1%. Over the week the Dow and Nasdaq rose by 0.3% and the S&P 500 rose by 0.1%.
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