Business
Jobs Report, Chip-Stock Rally Power Stocks to New Records
A better-than-expected jobs report and a blistering chip-stock rally powered the S&P 500 to a record on Friday, with the index notching its sixth straight week of gains.
The S&P 500 rose 2.3% for the week. The Nasdaq climbed 4.5% to a fresh high, notching its largest six-week percentage gain since 2009. The Dow industrials edged up 0.2% for the week, or 110 points.
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