Stocks rose to record highs on Friday despite weaker-than-expected jobs data as Wall Street concluded a volatile week chock-full of geopolitical concerns.
The Dow Jones Industrial Average traded 48 points higher, or 0.2% to break above 29,000 for the first time ever. The S&P 500 climbed 0.2% while the Nasdaq Composite advanced 0.3%.
Pfizer shares rose 1.7% to lead the Dow’s gains. Health care and tech were the best-performing sectors in the S&P 500, climbing 0.5% each.
The U.S. economy added 145,000 jobs in December. Economists polled by Dow Jones expect the U.S. economy to have added 160,000 jobs in December.
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