Stock market today: Wall Street sticks near its records as yields slide after jobs report

  • 📰 SooToday
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 85%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

NEW YORK (AP) — U.S. stocks are sticking near their records following a jobs report that showed a slowdown in hiring and contained nuggets of data for both optimists and pessimists.

NEW YORK — U.S. stocks are sticking near their records following a jobs report that showed a slowdown in hiring and contained nuggets of data for both optimists and pessimists. The S&P 500 was virtually unchanged at the start of trading on Friday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite rose 0.1%. Treasury yields sank following the nuanced U.S. jobs report, which reinforced belief on Wall Street that the U.S.

That would raise the likelihood of the Federal Reserve cutting interest rates that it has been keeping at two-decade highs, which would alleviate pressure on the economy by making borrowing less costly. Tesla picked up another 1.7% early Friday and was on track for its eighth straight winning day after reporting earlier this week that sales fell again last quarter, but not as sharply as many had believed. Its shares are up nearly 36% since June 24.

Britain experienced a run of turbulent years during Conservative rule that left many voters pessimistic about their country’s future. The U.K.’s exit from the European Union followed by the COVID-19 pandemic and Russia’s invasion of Ukraine battered the economy. Rising poverty and cuts to state services have led to gripes about “Broken Britain.”

The disagreements had fueled speculation that the already unpopular government could collapse and prompt a snap parliamentary election in which Germany could follow other European countries by swinging toward the political right.In Asian trading, Japan’s benchmark Nikkei 225 topped 41,000 early Friday but then fell back from Thursday’s record close of 40,913.65. It shed just over 1 point to end at 40,912.37 after the government reported that consumer spending fell 1.

 

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:

 /  🏆 8. 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.

Stock market today: Asian stocks rise after Wall Street barrels to recordsHONG KONG (AP) — Asian markets rose Thursday after Wall Street barreled to records Wednesday as the frenzy around artificial-intelligence technology keeps...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Wall Street drifts after its latest record-setting dayNEW YORK (AP) — U.S. stocks are drifting as Wall Street’s momentum cools following its latest record-setting day. The S&P 500 was up 0.1% early Thursday, a day after setting an all-time high for the 25th time this year.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Stock market today: Wall Street's momentum cools after its latest record-setting dayNEW YORK (AP) — U.S. stocks drifted to a mixed close as Wall Street’s momentum cooled following its latest record-setting day. The S&P 500 ended just barely lower Thursday, a day after setting an all-time high for the 25th time this year.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Stock market today: US futures stay put ahead of huge week on Wall StreetInvestors are looking ahead to the Fed's policy decision and key inflation data later in the week as they scale back rate-cut bets.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: US stocks edge lower ahead of huge week on Wall StreetInvestors are looking ahead to the Fed's policy decision and key inflation data later in the week as they scale back rate-cut bets.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Wall Street hold steady at the start of a busy weekNEW YORK (AP) — U.S. stocks are holding relatively steady ahead of a week with several top-tier reports on inflation due, as well as the Federal Reserve’s latest meeting on interest rates. The S&P 500 fell 0.
La source: SooToday - 🏆 8. / 85 Lire la suite »