US stocks surged on Friday, as upbeat earnings from Apple lifted spirits and a weaker-than-expected jobs report revived bets that the Federal Reserve could cut interest rates sooner than thought. The Dow Jones Industrial Average jumped 1.2%, or about 450 points, while the S&P 500 rose 1.3%. The tech-heavy Nasdaq Composite increased 2%. The April jobs report painted a picture of a cooling US labor market, as employers added 175,000 jobs and the unemployment rate unexpectedly jumped to 3.9%.
Read more: What the Fed rate decision means for bank accounts, CDs, loans, and credit cards Meanwhile, Apple was the star of the corporates Friday, as its quarterly profit beat expectations and it surprised investors with better revenue out of China than estimated in the face of reports of flagging iPhone sales.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Stock market today: Stock futures surge after soft jobs report, Apple earnings triumphSurprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Wall Street gains ground following surprisingly strong US jobs reportNEW YORK — Stocks posted solid gains on Wall Street as a strong report on employment showed the U.S. economy continues to chug along. The S&P 500 rose 1.1% Friday. The Dow Jones Industrial Average rose 307 points and the Nasdaq composite rose 1.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Stock market today: Wall Street gains ground following surprisingly strong US jobs reportNEW YORK — Stocks ended solidly higher and bond yields rose Friday as Wall Street welcomed a surprisingly strong U.S. jobs report. The S&P 500 rose 1.1...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
Stock market today: Wall Street edges higher following surprisingly strong US jobs reportNEW YORK (AP) — Stocks rose on Wall Street Friday and Treasury yields climbed following a hot U.S. jobs report. The S&P 500 rose 0.5%. The Dow Jones Industrial Average gained 113 points, or 0.3% as of 10:10 a.m. Eastern.
Fonte: SooToday - 🏆 8. / 85 Leggi di più »
Stock market today: Dow jumps as Apple looks to jumpstart jobs day partySurprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »