Stock market today: Stocks edge up after jobs report shows more strength

Stocks nudged higher on Friday, headed for a reprieve from losses as jittery investors digested the crucial monthly jobs report and kept one eye on surging oil prices. The Dow Jones Industrial Average put on roughly 0.1%, or 20 points, while the S&P 500 added 0.3% on the heels of its worst single-day fall since February. The tech-heavy Nasdaq Composite gained 0.4%. As Yahoo Finance's Josh Schafer reported, the US labor market continued to impress in March.

The major gauges slumped on Thursday as oil prices hit their highest levels in six months, spurring worries about a boost to inflation, and a panoply of Federal Reserve speakers rattled faith in an interest-rate cut coming any time soon. Nerves in the market are running high, going by this week's bumpy action in stocks. Investors are juggling economic releases and corporate news alongside growing tensions in the Middle East.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Stock market today: Stocks rise after February jobs reportAll eyes are on the crucial monthly jobs report that could shift the needle on the timing of interest rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks slip to start final week of eventful first quarterA furious rally on Wall Street to start 2024 took a breather at the beginning of the final week of the year's first quarter.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks mixed as Nasdaq flips into positive territoryThe prospect of a reversal from interest-rate hikes continues to buoy investors' spirits.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: US stocks open flat but still eye weekly winsThe prospect of a reversal from interest-rate hikes continues to buoy investors' spirits.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks jump to new highs as Fed buzz lifts marketsRelieved investors continued to celebrate the Federal Reserve's signal that it will delay but not slow rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks climb to new records after Fed sticks to the plan on ratesStocks rose after the Fed's latest projection for interest rates showed the central bank sees three interest rate cuts by the end of this year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »