
The stock market ended the first week of the year in positive territory, boosting optimism. The Dow and S&P 500 each closed the week up 1.5%, while the Nasdaq advanced 1%.
The December nonfarm payrolls report showed that the U.S. economy added 223,000 jobs last month, a small decrease from the 256,000 gains in November. In addition, wages grew slower than anticipated, increasing 0.3% for the month while economists expected 0.4%.