U.S. stocks finished mostly higher on Friday, but the three major indexes posted their longest period of weekly gains since late last year on the heels of a stronger-than-expected October jobs report. The Dow picked up 47 to close at 17,910, the S&P ended little changed at 2,099 and the Nasdaq advanced 19 to close at 5,147.
The bond market is booming again, a sign of investors’ faith in the resilience of the U.S. economy.
Federal programs designed to ease the burden of college loans are causing snarls in the bond market and raising concerns that banks may soon ratchet back lending.
Listen in for much more in A Wall Street Wrap-up.
