Wall Street indexes post sharp gains after NFP

FXStreet (Córdoba) - US stocks rallied more than 2% on Friday, putting main indexes for a marginal weekly gain, following a strong nonfarm payrolls report which keep December lift-off on the table.

The main indexes closed extended gains to three consecutive weeks. The DJIA rose 369.96 points, or 2.12%, to 17,847.63. The S&P 500 climbed 41.97, or 2.05%, to 2,091.60. The Nasdaq Composite gained 104.74 points, or 2.08%, to 5,142.47. All three indexes rose 0.3% over the week.

Focus shifting from the ECB to the meetings of the Fed, BoE and SNB - Commerzbank

The focus is now shifting from the ECB to the meetings of the Fed, BoE and SNB, says Thu Lan Nguyen, analyst at Commerzbank. Today’s release of the US labour market report is providing a final hint for the Fed meeting. As regards the BoE and SNB, markets likely hope to get some indications as to where monetary policy is headed.
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