NEW YORK | Stocks pull a U-turn and soar after jobs report, trade talks

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

NEW YORK—Jan 04, 2019— Global stocks are soaring Friday and reversing the big losses they suffered just a day ago. The Dow Jones Industrial Average soared almost 600 points in the latest twist in a wild three months for markets.

Hopes for progress in the U.S.-China trade dispute, a strong report on the U.S. jobs market and comments from the head of the U.S. central bank about its interest rate policy all combined to cheer investors.

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