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The monitor of specialist Anthony Matesic is seen through his glasses as he works on the floor of the New York Stock Exchange, Wednesday, Aug. 7, 2024. (AP Photo/Richard Drew)

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Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
August 8, 2024 2:30 p.m.

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street's latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy.