Dow Jones Industrial Average surges on soft US NFP data, Fed easing hopes rise

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Dow Jones Industrial Average surges on soft US NFP data, Fed easing hopes rise
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The Dow Jones Industrial Average (DJIA) posted solid gains of close to almost 300 points or 0.71% on Friday, on softer-than-expected economic data, reinforcing investors' hypothesis of further easing by the Federal Reserve.

Dow climbs 0.71%, rebounding as softer data fuels rate-cut speculation. S&P 500 and Nasdaq follow, both gaining over 0.6% amid broad optimism. Amazon shines with 6.5% rise; Apple lags with 1.5% drop on weak China sales. The Dow Jones Industrial Average posted solid gains of close to almost 300 points or 0.71% on Friday, on softer-than-expected economic data, reinforcing investors' hypothesis of further easing by the Federal Reserve.

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