US STOCKS-Strong jobs data catapults S&P to record high

viernes 5 de agosto de 2016 12:47 GYT
 

* 255,000 jobs added in July vs est. 180,000

* S&P 500's financial index trading at highest level this year

* Nasdaq on track for 6th straight weekly gain

* Indexes up: Dow 0.91 pct, S&P 0.83 pct, Nasdaq 1.12 pct (Updates to early afternoon)

By Yashaswini Swamynathan

Aug 5 (Reuters) - U.S. stocks surged on Friday, with the S&P 500 touching a record intraday high after a second straight month of robust labor market data brightened the economic outlook.

The U.S. Labor Department report showed that nonfarm payrolls rose by 255,000 in July, far exceeding estimates of 180,000.

While unemployment rate remained unchanged at 4.9 percent, it stayed below the 5 percent mark associated with full employment. Average hourly wages rose by 8 cents.

The S&P 500 touched 2,180.78, its ninth record intraday high since July.   Continuación...