NEW YORK | Markets Right Now: Stocks surge on trade talks, jobs report

4Jan - by Editor - 0 - In STL.News

NEW YORK — The latest on developments in financial markets (all times local):
11:45 a.m.

Stocks are rocketing higher Friday and wiping out much of the previous day’s losses after a string of developments eased investors’ concerns about the global economy and interest rates.

The Labor Department said hiring ramped up in December, which could allay fears about an economic slowdown in the U.S. Those worries, along with a weak revenue forecast from Apple, contributed to steep losses Thursday.

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