Stocks ticked higher on better than expected jobs numbers. For June 850,000 non-farm payrolls were added in the U.S., exceeding Wall Street’s expected addition of 706,000 jobs. This is the first time that the jobs number has met or exceeded expectations in several months.
Stocks were looking to add gains to start the first trading day of the month and the second half of the year. Positive economic data helped to boost sentiment before the bell. Weekly jobless claims came in at a post-pandemic low of 364,000 versus the expected 390,000.
Stocks were flat this morning to start the final trading day of the month, the quarter and the first half of 2021. So far, for the year the Nasdaq and the Dow are both up 12% and the S&P 500 has seen a 14% gain. The S&P...
Stocks were flat this morning after another day of record highs. The Nasdaq and the S&P 500 edged higher yesterday to close at record highs and are both on track to continue their months-long winning streaks. The Dow, however, has suffered monthly losses and is on track...
Stocks began the day with relatively slight movement after last week’s record highs. At the time this was written, the S&P 500 was flat, the Dow was slightly down and the Nasdaq was up by 0.3%.
The bipartisan infrastructure bill seems to be back...