United States

Nasdaq Closes at Record, Dow Rallies More Than 400 Points After Jobs Report

Shares of Facebook, Amazon, Netflix and Google all rose to help the indexes rise

U.S. stocks traded higher on Friday after the release of stronger-than-expected employment data, CNBC reported.

The Nasdaq composite advanced 1.8 percent and hit intraday and closing records, erasing the losses from last month's correction.

The Nasdaq 100, which is made up of the 100 largest companies in the Nasdaq composite, also reached a record high. Friday marked the first time since Jan. 26 that either index reached a record high.

Shares of Facebook, Amazon, Netflix and Google all rose to help the indexes rise.

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