U.S. stock market closing best decade in American history

The U.S. stock market is ending the decade with near record highs on a financial boom.

The Standard & Poor’s 500 index had a return of about 256 per cent since 2010, according to Howard Silverblatt, senior index analyst at the S&P Dow Jones Indices, the Washington Post is reporting.

Standard & Poor tracks the largest U.S. companies.

The U.S. economy added 266,000 jobs in November and the unemployment rate fell to 3.6 per cent – the lowest it has been in 50 years. In addition, American’s hourly wage grew by 3.1 per cent from 2018.

More to come

READ MORE: U.S. economy creates 266,000 jobs in November

READ MORE: Alberta lost 18,000 jobs in November: Statistics Canada

READ MORE: Canada’s economy loses 2,200 jobs

-Skeeze photo

-Alberta Press staff

-reporter@albertapressleader.ca

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