US markets close higher on February 3
Shital Jibhe / 04 Feb 2017

The US markets ended in green on Friday. The Dow Jones Industrial Average closed at 20,071.46, up by 186.55 points; the S&P 500 gained 16.57 points and closed at 2,297.42, whereas the Nasdaq Composite added 30.57 points and closed at 5,666.77.
The US markets ended in green on Friday. The Dow Jones Industrial Average closed at 20,071.46, up by 186.55 points; the S&P 500 gained 16.57 points and closed at 2,297.42, whereas the Nasdaq Composite added 30.57 points and closed at 5,666.77.
The markets reacted positive to the US job data. According to the Labour department, the construction firm increased their hiring activity but wages activities did not increase much.
The non-farm payrolls increased by 2,27,000 jobs in the first month, which were taken positive by the markets. The US economy begin the year on a positive note although a lot of work needs to be done by the incumbent Donald Trump on the wages front. The US data came above the industry estimate which is a healthy sign.
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