Economy

US stock market closes higher after positive data

Unemployment in US at lowest level since February 2020

Gökhan Ergöçün   | 02.04.2022
US stock market closes higher after positive data

ISTANBUL 

US stocks ended the week with gains after positive figures, including unemployment numbers.

The US economy added 431,000 jobs in March, while the unemployment rate fell to 3.6%, its lowest level since February 2020.

The US manufacturing Purchasing Managers’ Index (PMI) rose sharply to 58.8 in March, up from 57.3 in February.

The blue-chip Dow Jones industrial average ended up 0.4%, or 140 points to 34,818.

The S&P 500 rose 15.45 points, or 0.34%, to close at 4,545.

The tech-heavy Nasdaq increased almost 41 points, or 0.29%, to 14,261.

At the closing bell, the dollar index was at 98,843, rising 0.04% as of 2115GMT versus the previous close.

Turkiye’s benchmark stock index was up 0.82% to 2,230.35 points.

Asian stocks ended mixed amid concerns about inflation and the Russia-Ukraine war while the stock market in Europe ended the week with gains.


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