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Dow Closes Up 12.19 Points, S&P 500 Gains 0.84% on May 8

GateNews

According to ChainCatcher citing Gate market data, on May 8 (Friday), the Dow Jones closed up 12.19 points (0.02% gain) at 49,609.16; the S&P 500 rose 61.83 points (0.84% gain) to 7,398.94; and the Nasdaq Composite advanced 440.88 points (1.71% gain) to 26,247.08.

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In-Depth Analysis

US April nonfarm payrolls came in at +115k, beating expectations; wage growth year-on-year was 3.6%, below expectations; the S&P 500 moved toward a six-week winning streak

ChainNewsAbmedia05-08 14:34

Gate Daily Report (May 8): Little Donald Trump denies rumors that WLFI is about to collapse; BitMine is evaluating slowing its purchases of ETH

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Fighting between Iran and the US breaks out in the Strait of Hormuz; US stocks rally then pull back; Bitcoin falls back to $80,000.

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