Investors pushed stock markets higher Friday with US equities ending at all-time highs as continued optimism over vaccines and signs of progress on new US stimulus offset worries about rising coronavirus cases.
All three major US stock indices finished at fresh records after European bourses also posted gains.
Oil prices also climbed to nine-month highs following the latest production agreement by petroleum exporters.
The rally on Wall Street came even following government data showing the jobs recovery stalled, as US employers added just 245,000 new jobs in November.
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And though the unemployment rate dipped to 6.7 percent from 6.9 percent, the lowest since the pandemic struck, that was due to Americans leaving the workforce.
This article was originally published by Einnews.com. Read the original article here.
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