Wall Street adds to gains on Powell\'s comments

Wall Street adds to gains on Powell's comments

Reuters 

(Reuters) - U.S. stocks added to their healthy gains on Friday, after Federal Reserve Jerome Powell's comment that the central will be sensitive to the downside risks the market is pricing in helped calm worries about slowing global growth.

The market opened strongly after a better-than-expected jobs report added to the optimism from proposed trade talks between the and next week.

At 10:39 a.m. ET, the was up 592.20 points, or 2.61 percent, at 23,278.42, the S&P 500 was up 66.45 points, or 2.71 percent, at 2,514.34 and the was up 213.19 points, or 3.30 percent, at 6,676.69.

(Reporting by in Bengaluru)

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First Published: Fri, January 04 2019. 21:29 IST