div > div.group > p:first-child"> The Dow Jones Industrial Average traded 69 points higher, led by Goldman Sachs and Nike. The S&P 500 climbed 0.3% as the energy and consumer discretionary sectors outperformed. The Nasdaq Composite advanced 0.3%.
Wall Street was looking forward to this report after the previous jobs data showed growth of just 20,000. That number was revised higher to 33,000 on Friday. Friday's strong jobs report comes after the release of disappointing economic data earlier in the week. Activity in the U.S. services sector fell to its lowest level since August 2017 while payrolls data released on Wednesday was also below expectations.
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Gold Mining Stocks Are Surging on Global Economic FearsBoth Germany and Japan’s 10-year bond yields are back below zero, marking the first time we’ve seen German yields turn negative since October 2016. Here in the U.S., the yield on the 10-year Treasury has fallen to a more-than-one-year low on a dovish Federal Reserve. Where does gold come into play?
Source: Forbes - 🏆 394. / 53 Read more »
Key data could end or defend recession fears as stocks notch best quarter in a decadeStocks head into the second quarter, propelled by the best quarter in nearly a decade as the long tepid IPO market starts to simmer again. LOL... You forgot about 2007, and 1999, huh?
Source: CNBC - 🏆 12. / 72 Read more »