S&P 500, Dow slip as monthly jobs growth slows; tech stocks lift Nasdaq

  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The S&P 500 and the Dow fell on Friday as a slowdown in U.S. jobs growth raised questions about the pace of the economic recovery, while the tech-heavy Nasdaq rose as the report also calmed fears of an imminent tapering in monetary policy.

, which generally perform better when bond yields are higher, dropped 0.6% even as the benchmark 10-year Treasury yield jumped following the report.

"You can tell because leisure and hospitality didn't add any jobs and retail actually lost jobs. Investors will conclude that perhaps this will put the further on hold in terms of the timing of tapering. Markets may be okay with that."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500, Nasdaq hit record highs — three market experts look at what’s nextS&P 500, Nasdaq hit record highs — three market experts on what’s next (via TradingNation) TradingNation TradingNation Michael Burry Warns Retail Traders About the 'Mother of All Crashes'
Source: CNBC - 🏆 12. / 72 Read more »

A nearly 10% S&P 500 correction last September has stock-market investors dreading autumn 2021Even as stocks look set to scale fresh altitudes in September, the feeling of dread on Wall Street is palpable. Lolll yea investors are really shaking in their boots. Do you actually get paid to write this crap? Market analysts are terrible at predicting the future…. Just stick to a strategy and don’t adjust… ignore the bulls and the bears
Source: MarketWatch - 🏆 3. / 97 Read more »

Technology, energy stocks drive S&P 500 to record highThe S&P 500 hit a record high on Thursday, boosted by gains in heavyweight technology and energy companies, as well as on hopes that the Federal Reserve will maintain an accommodative policy amid signs that economic recovery was slowing.
Source: Reuters - 🏆 2. / 97 Read more »

S&P 500, Nasdaq hit record highs — three market experts look at what’s nextS&P 500, Nasdaq hit record highs — three market experts on what’s next (via TradingNation) TradingNation TradingNation Michael Burry Warns Retail Traders About the 'Mother of All Crashes'
Source: CNBC - 🏆 12. / 72 Read more »