New York Stock Exchange Rises All at once on 'surprise increase' in U.S. employment

Major indexes of the New York Stock Exchange rose all at once as U.S. employment growth far exceeded market expectations.

On the New York Stock Exchange, the Dow rose 0.81% from the previous session and the S&P 500 closed 0.9% higher.

The tech-heavy Nasdaq Composite gained 1.22%.

The rise in the U.S. stock market is attributed to job growth that far exceeded expectations, easing concerns about a recession.

It was also a positive factor in the recovery of investor sentiment, with a three-day union strike that halted shipping and unloading operations at eastern U.S. ports.