Stocks end the week higher as U.S. jobs report calms Fed fears

Jobs will come back and the state’s economy will recover faster than the nation’s, a UCLA forecast says, led by consumer spending, tech jobs and home-buildingReport chronicles missteps by state unemployment agencies that left millions in the lurchThe S&P 500 rose 37.04 points to 4,229.89. The Dow Jones industrial average gained 179.35 points, or 0.5%, to 34,756.39. The rally in technology stocks helped push the Nasdaq to a solid gain. The tech-heavy index climbed 199.98 points, or 1.

Bond yields fell. The yield on the 10-year Treasury slipped to 1.55% from 1.62% late Thursday. The drop helped push tech stocks higher. Lower interest rates help stocks generally because they can steer some investors away from bonds that are paying little in interest toward riskier investments. Stocks that look the most expensive based on their earnings, such as technology companies, can be among the biggest beneficiaries.

The stock market is just astrology for straight men, prove me wrong

this is terrible news

That's what happens when you lower unemployment benefits. Go figure.

'RealityAboutHell 의로움은 주님께서 성경에서 높이시는 가작 큰 덕목입니다.

United States United States Latest News, United States United States Headlines

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

Wall Street banks pick their top chip stocks ahead of an expected boomGoldman Sachs and Bank of America raised their revenue estimates for the sector and explain why they're bullish on semiconductors. Pro good luck
Source: CNBC - 🏆 12. / 72 Read more »

Stocks pop as solid jobs report soothes investor fearsInvestors breathed a huge sigh of relief following the May jobs report Friday. Stocks rallied as the numbers told a classic Goldilocksian, not too hot or too cold, story about the state of the economy.
Source: CNN - 🏆 4. / 95 Read more »

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!!
Source: WSJ - 🏆 98. / 63 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »