October 7, 2023 8:38 PM
Key indices ended sharply higher, as US hiring rose broadly in September with slowing wage growth
On Wall Street yesterday, key indices ended sharply higher, led by technology shares, as investors assessed a jobs report that showed US hiring rose broadly in September with slowing wage growth. Information technology was up the most of any S&P 500 sector, followed by communication services. The Dow Jones Industrial Average climbed 288 points, or 0.9 percent, to end at 33,408. The S&P 500 jumped 50 points, or 1.2 percent, to close at 4,309. And the Nasdaq Composite advanc...