Nasdaq Index, Dow Jones, S&P 500 News: US Stocks Rise After Labor Data Fuels Rate Cut Speculation
Declining issues outnumbered advancers on both the NYSE and Nasdaq. The S&P 500 posted 19 new 52-week highs and 6 new lows, while the Nasdaq recorded 40 new highs and 134 new lows. Total trading volume across U.S. exchanges was about 10.6 billion shares, below the 12.6 billion average over the last 20 trading days.