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NEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Stocks are closing at records again after a solid jobs report reassured investors that the economy was on solid footing despite President Donald Trump's trade war.
Technology and industrial companies rose the most Friday. Apple rose 2.8% and Union Pacific climbed 4.3%.
The S&P 500 closed at a record for the third time this week and had its fourth straight weekly gain. The Nasdaq reached an all-time high for the first time since July.
Safe-play sectors like utilities lagged as investors stepped up their appetite for risk.
The S&P 500 rose 29 points, or 1%, to 3,066.
The Dow Jones Industrial Average climbed 301 points, or 1.1%, to 27,347. The Nasdaq rose 94 points, or 1.1%, to 8,386.
Bond prices fell. The yield on the 10-year Treasury rose to 1.71%.
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12:15 p.m.
Stocks are solidly higher on Wall Street following a strong jobs report for October, putting the S&P 500 on track for its fourth straight weekly gain.
Banks, technology and industrial companies led the way higher around midday Friday.
Safe-play sectors like utilities lagged as investors stepped up their appetite for risk.
Fitbit soared 15.5% after agreeing to be acquired by Google's parent company, Alphabet.
Fortinet jumped 11% after the network security company reported results that easily beat analysts' forecasts.
The S&P 500 rose 19 points, or 0.6%, to 3,056.
The Dow Jones Industrial Average climbed 230 points, or 0.8%, to 27,276. The Nasdaq rose 50 points, or 0.6%, to 8,343.
Bond prices fell. The yield on the 10-year Treasury rose to 1.72%.
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9:35 a.m.
Stocks are opening with solid gains on Wall Street following a strong jobs report for October, putting the S&P 500 on track for its fourth straight weekly gain.
Banks, health care and industrial companies led the way higher in the early going on Friday. Safe-play sectors like utilities lagged as investors stepped up their appetite for risk.
Fitbit soared 16% after agreeing to be acquired by Google's parent company, Alphabet.
Fortinet jumped 11% after the network security company reported results that easily beat analysts' forecasts.
The S&P 500 rose 16 points, or 0.5%, to 3,053.
The Dow Jones Industrial Average climbed 152 points, or 0.6%, to 27,202. The Nasdaq rose 41 points, or 0.5%, to 8,335.
Bond prices fell. The yield on the 10-year Treasury rose to 1.70%.
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