Meanwhile, weekly jobless claims jumped 5,000 to 245,000, slightly ahead of economist estimates of about 240,000. And the Philadelphia Fed Factory index reported another contraction in April, representing the eighth consecutive monthly reading of declines in manufacturing activity.
Investors now will turn their attention to next week's release of first-quarter earnings results from mega-cap tech companies including Apple, Amazon, and Alphabet, among others.
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Stock falls when there is better employment numbers. Saying that fed will raise interest, now opposite again stock is down. Tell me how to time the market
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