dow jones: The Nasdaq Composite Index COMP, 1.66% advanced 126.55 points to 7,742.1, a gain of 1.7%. On Thursday, the Dow rose 181.10 points, or 0.7%, at 25,720.66, representing its longest string of gains since March 18, according to Dow Jones Market Data, according to Market Watch. The S&P meanwhile, rose 17.34 points, or 0.6% to 2,843.49, while the Nasdaq added 40.08 points, or 0.5%, to reach 7,615.55. Read For stocks, bad news is good news once again How did the benchmarks perform The Dow Jones Industrial Average DJIA, 1.02% rose 263.28 points, or 1%, to 25,983.94, while the S&P 500 index SPX, 1.05% gained 29.85 points, or 1.1%, at 2,873.34. For the week, the Dow gained 4.7%, the S&P 500 returned 4.4%, while the Nasdaq climbed 3.9%. The Dow and S&P 500 had their best weekly showing since late November, while it was the Nasdaq's best performance since the week ended Dec. 28, according to Fact Set data. Estimated job gains for both March and April were cut by a total 75,000, and the three-month moving average of monthly job gains has fallen from 245,000 in January to 151,000 today. What drove the market The U.S. economy added 75,000 new jobs in May, while the unemployment rate held steady at 3.6%, the Labor Department said Friday, far below the 185,000 estimated by economists, per a Market Watch poll.
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