Stocks rose on Friday and the S&P 500 hit another record high after the June jobs report showed an accelerating recovery for the U.S. labour market.
The Dow Jones Industrials jumped 101.97 points to break for lunch at 34,735.50.
The S&P 500 added 19.61 points to Wednesday’s record, registering at 4,339.55.
The NASDAQ jumped 70.47 points to 14,592.85, to hit its own intraday all-time high.
Solid moves by major tech stocks helped support the overall market, with shares of Apple and Salesforce rising by more than 1%.
On Friday, shares of Boeing fell slightly, weighing on the Dow, after a 737 cargo plane made an emergency landing off the coast of Honolulu.
For the week, the NASDAQ Composite was up 1.1% as of Thursday’s close. The S&P 500 took on 0.9% and the Dow was up about 0.6%.
The U.S. economy added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000. The print topped the 559,000 jobs created in May.
The unemployment rate did come in at 5.9%, higher than expected.
Prices for 10-Year Treasurys gained ground, lowering yields to 1.44% from Thursday’s 1.47%. Treasury prices and yields move in opposite directions.
Oil prices lost 26 cents to $74.97 U.S. a barrel.
Gold prices acquired $5.40 to $1,782.20 U.S. an ounce.