The S & P 500 advanced by 2.5%, the Dow Jones Industrial Average by 1% and the Nasdaq Composite by nearly 3%. The push higher was driven by a combination of largely positive earnings reports and macroeconomic data that broadly indicated the Federal Reserve is succeeding in its fight to cool inflation through higher interest rates. Here's a quick update on the past week: The August ADP employment report numbers came in lower than expected.
Traders work on the floor of the New York Stock Exchange during morning trading on August 31, 2023 in New York City.
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:
France Dernières Nouvelles, France 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.
What August's jobs report could mean for stocksEconomists expect job gains to slow to 170,000 in August and an actual number below that estimate has the potential to buttress the argument for a soft landing.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Dow ends 170 points lower Thursday, stocks book losses for AugustThe Nasdaq closed higher for a fifth straight session on Thursday, but the major U.S. equity indexes still ended August with losses. The Dow Jones Industrial...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Bank stocks gain after jobs report in rebound from August lossesBank stocks outpaced the broad market into positive territory on Friday as a healthy August jobs report sparked buying in the sector after a weak performance...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
U.S. stocks rally as August unemployment rate rise seen keeping Fed on holdU.S. stocks rise Friday after the August jobs report underlines market expectations the Fed will leave rates unchanged.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
August jobs report: Stocks end mostly higher as data seen putting Fed rate hikes on pauseFollow along to MarketWatch's full coverage of the August nonfarm payrolls report.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Wall Street Hates Stocks. It Could Fuel a 21% Gain for the Market.BofA’s Sell Side Indicator, although unchanged for August, remains a buy signal for stocks.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »