Stocks pop as solid jobs report soothes investor fears

  • 📰 CNN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 95%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Investors breathed a huge sigh of relief following the May jobs report. The Dow gained 180 points, or 0.5%, and is now only about 1% off its all-time high.

The Dow gained 180 points, or 0.5%, and is now only about 1% off its all-time high. The S&P 500 rose 0.9% to finish just below its record and the tech-heavy Nasdaq surged about 1.5%. All three indexes finished up slightly for the week as well. Bond yields also edged lower and the dollar weakened — signs that investors aren't too concerned about the economy overheating.

Mark Carney: Inflation is a positive sign of economic progress 02:30"I am vigorously clinging on to the hypothesis that higher prices are all temporary," said Nathan Sheets, chief economist at PGIM Fixed Income, who believes inflation will retreat to"a more normal 2% rate" by the end of 2022.Sheets added that prices have mainly been going up due to well-publicized labor shortages and supply constraints. He expects those pressures to abate as the economy returns to normal.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 4. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asia stocks set for mixed open; Ant Group gets approval to operate consumer finance firmInvestors will monitor Hong Kong-listed shares of Alibaba after Ant Group received approval to operate a consumer finance company.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Stocks making the biggest moves after hours: AMC Entertainment, CrowdStrike, DocuSign and moreStocks making the biggest moves after hours: AMC, CrowdStrike, DocuSign and more
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Meme Stocks Crash: AMC Plunges After Investor Warning—Sparking $10 Billion SelloffFollowing a nearly unabated weeks-long run-up, shares of AMC Entertainment plummeted this morning—sparking a $10 billion selloff
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »

Stocks making the biggest moves midday: AMC, BlackBerry, Ford and moreThese are the stocks posting the largest moves in midday trading.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Meme Stocks Gyrate After AMC Files to Sell More SharesThe influence of online traders on the stock market showed no sign of abating with shares of AMC, BlackBerry and other “meme stocks” experiencing steep swings ahead of the opening bell Thursday Weren't these shares sold back in April with the public filing taking place now? This is FUD. The shares were sold in late April. THESE IS A BOLD FACE LIE, the shares were filed in April. Stop trying to create FUD to slow the stock price you damn schills!!
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »

Here are 5 favorite Indian stocks from Nomura's recent investment conferenceIndian shares have been on a tear this year despite the economic impact of the pandemic that last year knocked the country off its growth trajectory.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »