Santoli’s Friday market notes: Growth stocks bounce amid jobs miss. Keep expectations in check

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

New for subscribers: Santoli’s Friday market notes: Growth stocks bounce amid jobs miss. Keep expectations in check. Check out CNBCPro today.

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.

As a one-time London School of Economics student told us, "You can't always get what you want, but…sometimes you get what you need." In the market's case, the Street thought it wanted and certainly expected a blowout April jobs number. What it got was a big downside miss, perhaps statistically noisy, which removed some nagging fear of sooner-than-later Fed tightening and allowed deeply oversold growth stocks a reprieve, juicing a one-day pop to a new S&P 500 high.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker