US stocks surge on robust jobs report

The major US stocks indices rose on Friday, after the release of a strong monthly jobs report, showing positive signs on the US job market.

The Chinese Ministry of Commerce is preparing tariff waivers on multiple US goods -including soybean imports- in attempts to ease tensions between the two countries to pave the way for signing the phase one of the trade deal.

The US jobs report revealed today that the economy has added 266K new jobs in November, higher than forecasts of 181K jobs, and the unemployment rate fell to 3.5% (50-year low) from 3.6%.

President Donald Trump praised the report via his official account on Twitter, saying "Great jobs report."

As for trading, Dow Jones surged 1% or 275 points to 27,935, Nasdaq added 0.9% or 80 points to 8,650, and S&P 500 rose 0.8% or 26 points to 3,144.