News Formal

Stock market news today: S&P 500 aided by Apple, big jobs gain

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

US stocks climb as investors cheer strong Apple earnings and assess big April jobs report

US jobs report

outstripped expectations. Nonfarm payroll employment soared by 253,000 in April compared with a 180,000 estimate. The unemployment rate fell to 3.4%. "A strong job market will boost earnings and household spending capacity, which is good for the housing market and broader economy. However, a too-strong market means the Fed has to tighten further, dampening that good news and running a higher risk of over-tightening," Danielle Hale, chief economist at Realtor.com, wrote in a note.Here's where US indexes stood at the 9:30 a.m.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

S&P 500 wobbles as PacWest-led slump in banks stokes worries; Apple earnings eyed By Investing.comS&P 500 wobbles as PacWest-led slump in banks stokes worries; Apple earnings eyed
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock futures rise slightly following Apple earnings: Live updatesInvestors looked ahead to April’s payroll report, due on Friday morning.
La source: CNBC - 🏆 12. / 72 Lire la suite »