The Economic Times

US stock market on the move today: Dow climbs toward 50,400 as S&P 500 and Nasdaq also in green - Gold and silver slip while Bitcoin gains

US stock market today: The Dow Jones hit 50,330.70 today as a shock 130,000 jobs gain reshaped Wall Street. Hiring surged past forecasts. The unemployment rate fell to 4.3%. S&P 500 and Nasdaq followed the green trend. Growth optimism is high. However, Gold dropped to $5,084 as interest rate cut hopes faded. Bitcoin defied the dip, gaining to $67,813. Investors now wait for Friday's CPI inflation report to signal the Fed's next move.