Stocks snap four-day winning streak but post weekly gains

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Despite Friday stock losses, the 3 major indexes gained 3% to 4% for the week

U.S. stocks booked losses on Friday as fears around the coronavirus impact on U.S. multinationals and the global economy offset better-than expected job gains in the January employment report, but held on to weekly gains. The S&P 500 [S: spx] fell 0.5% to end around 3,328. The Dow Jones Industrial Average DJIA, -0.94% dropped 277 points, or 0.9%, to end around 29,103, based on preliminary numbers. The Nasdaq Composite COMP, -0.54% retreated 0.5% to finish near 9,521.

See Full Story Stocks end lower as market retreats from records U.S. stocks fell Friday after all three benchmarks finished at all-time highs, as investors digested a robust jobs report, a hectic week of earnings and China’s efforts to contain a fast-moving virus. #div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big jobs report, consumer credit and earnings: 3 things to watch for on FridayHere's what you need to know about Friday before you hit the door.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens FridayU.S. stock futures were pointing to a lower Wall Street open Friday after the Dow's more than 1,100-point, or 4%, four-session winning streak. Hum, let us guess....stocks will rise again on....1. Over half of Americans earning $19/hour or less. 2. Over 80% of Americans living paycheck to paycheck. 3. DJT has added $1Trillion to NationalDebt in just 11 months. 4. Fed pumping free $$$ into economy. 5. Coronavirus
Source: CNBC - 🏆 12. / 72 Read more »