New York, Aug 7, 2026 (AFP) - US stocks rise on interest rate optimism after jobs data

NAMPA / AFP

2026-08-07

Wall Street stocks climbed Friday on the back of weak US employment figures, with traders anticipating the central bank would not hike interest rates for now as officials monitor the labor market's health. The Dow Jones Industrial Average was up 0.1 percent at 53,941.44, while the S&P 500 Index added 0.3 percent to 7,734.41. The tech-focused Nasdaq Composite Index jumped 0.8 percent to 26,550.18 shortly after trading started. The movements came a......

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