S&P 500 Gains 14 Points on Positive Jobs Report Even as COVID-19 Cases Move Higher
The S&P 500 Index (SNPINDEX: ^GSPC) finished trading on July 2 up 14.15 points, or 0.45%, ending the shortened week on a positive note as people head into the July 4 holiday weekend.
Today's gains were a product of a jobs report that underpinned the idea that the U.S. economy could bounce back relatively quickly as more businesses reopen. According to federal data, the U.S. economy added 4.8 million jobs in June, adding to the 2-plus million jobs added in May.
A positive jobs report kept investors positive even as COVID-19 cases surge. Image source: Getty Images.
Source Fool.com
