Stocks Bid as Congress Avoids Government Shutdown; NFP Grows by 228,000

On Thursday, with the House and Senate agreeing to keep the federal government open for business via a two-week continuing resolution, investors took that relief as reason to rally stocks, erasing some of the losses of the previous week.

As Friday morning advanced toward the opening bell, the Commerce Department's Bureau of Labor Statistics released their most recent data on employment in the November non-farm payroll (NFP) report.

Coming in better-than-expected, the department reported an increase of 228,000 net new jobs in the month of November, adding more evidence that the economy, under the guidance of President Donald J. Trump, continues to expand. The unemployment rate remained at decades-low, 4.1%.

Futures pointed to a strong positive open for Friday's week-ending session.

At the Close, Thursday, December 7, 2017:
Dow: 24,211.48, +70.57 (+0.29%)
NASDAQ: 6,812.84, +36.47 (+0.54%)
S&P 500: 2,636.98, +7.71 (+0.29%)
NYSE Composite: 12,568.98, +36.55 (+0.29%)