A Green Finish
Friday, February 3, 2017 at 5:47PM
HensslerFinancial in Market Commentary
Trading ended with gains on Friday. The Dow closed above the 20k mark amid a rally in financial brands such as Goldman Sachs, JPMorgan and Wells Fargo. Meanwhile, more jobs were added in January than anticipated. Labor Department figures showed the U.S. economy added 227,000 jobs last month. The results exceeded expectations of 175,000. Additionally, the unemployment rate climbed to 4.8% from 4.7% in December. On another note, crude oil ticked up. West Texas Intermediate crude tacked on 0.5 percent today to settle at $53.83 a barrel.
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