Dow ekes out gain Friday, stocks book second week in a row of gains

Major U.S. stock indexes ended a choppy session mixed Friday, while still posting weekly gains, after monthly jobs data showed the Federal Reserve's rapid pace of interest rate hikes has yet to tame the roaring labor market. The Dow Jones Industrial Average DJIA, +0.10% rose about 33 points Friday, or 0.1%, ending near 34,428, after flipping between gains and losses. The S&P 500 index shed 0.1% and the Nasdaq Composite Index COMP, -0.18% lost 0.2%, according to FactSet.

2% for the week, the S&P 500 gained 1.1% and the Nasdaq closed the week up 2.1%, according to FactSet. A hope that Federal Reserve officials might be able to raise rates at a slower pace in December has been feeding a more bullish tone in markets over the past two months, helping to significantly trimming year-to-date losses. But with the U.S. unemployment rate still low at 3.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock Market Today: Dow Gains Over 700 Points After Fed Chair Powell's SpeechStocks rallied, with the Dow rising more than 700 points to exit a bear market
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Stock Market Today: Report Shows U.S. Economy Added 263,000 Jobs in November, Dow, Nasdaq DownStocks dropped, with the Dow down about 300 points, and Treasury yields jumped after the jobs report showed strong hiring and wage growth Would be nice if there was no paywall restricting me from reading the article 😑 The labor market remains strong, gas prices are down ~30% from their highs earlier this year, and inflation shows signs of easing. Now maybe the GOP can quit pushing their 'recession' propaganda. Stocks dropped with strong hiring and wage growth? Oh, Wall Street, the consistently least patriotic entity in this country.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

MarketWatch Live: Dow turns positive, stocks aim to shake of weakness in final hour of tradeDow turns higher as stocks fight for gains in final hour of trading session
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »