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Good evening, Bull Sheeters. This is Fortune finance reporter Rey Mashayekhi, filling in for Bernhard with a special PM edition of the newsletter.
It’s been a long, eventful week, to say the least—but an altogether good one for markets globally, which head into the weekend on a mostly positive note. Let’s get into the day’s developments:
- After climbing early and then trading in the red in the early afternoon session, Wall Street’s major indexes all ended the day on new record-high closes. The Dow picked up 0.2%, the S&P 500 gained 0.6%, and the Nasdaq rose 1%.
- The market initially shook off a bad December jobs report that showed the U.S. economy lost 140,000 jobs last month amid an escalating pandemic