Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
A Labor Department report showing a drop in unemployment in August (to 4.7 percent from 4.8 percent) eased late summer fears that the economy would falter into recession as it slowed down. The report sent stocks higher for the week, with the Dow closing at 11,464.15, up 1.6 percent. The Nasdaq finished up 2.5 percent at 2,193.16. Ad stocks also gained. Omnicom increased 1.7 percent to close at 88.78. WPP closed at 61.42, up 4 percent.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in