Financial stocks led a stock-market rally after the jobs report. AIG surged 20% and American Express led blue chips.
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LinkedIn's surging share price cooled Friday as the social network projected slower revenue growth next quarter following a decision to lower the number of display ads that the website shows. More - Stocks surge to new highs after hiring climbs
A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More - Unemployment falls to 7.5%; job creation solid in April
The job market plugged along steadily, and unemployment fell in April, according to new data out Friday, suggesting that the U.S. economy is still expanding. The nation added 165,000 jobs in April as the unemployment rate fell to 7.5 percent, from 7.6 percent in March, the Labor Department said on Friday. More - U.S. Jobless Claims Fall to 5-Year Low
The number of Americans seeking unemployment benefits fell to the lowest level in more than five years, a positive signal for the labor market ahead of Friday's April jobs report. More
BING NEWS:
- Stocks Take Hit But Don’t Turn Too Bearish
The Viper Report’s Tom Aspray, who has studied market corrections for 50 years discusses the market outlook sharing his view what type of correction is most likely.
04/14/2024 - 10:30 am | View Link - How long will the S&P 500 slide last?
The index has fallen for two weeks in a row and may have more to fall, starting next week. February ended with stocks hitting new highs and not many signs of trouble.
04/13/2024 - 9:45 pm | View Link - The S&P 500 Just Achieved 3 Major Milestones. Here's What It Means for Your Portfolio.
Daniel Foelber has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends S&P Global, Vanguard Index Funds-Vanguard Growth ETF, Vanguard Index Funds-Vanguard Value ...
04/13/2024 - 2:30 am | View Link - S&P 500, Dow set for weekly losses as banks, megacaps fall
The blue-chip Dow and the S&P 500 were on track for weekly losses on Friday after most megacap growth stocks and chipmakers retreated, while some big banks fell after reporting dour quarterly earnings ...
04/12/2024 - 4:52 am | View Link - Nasdaq, S&P, Dow futures slip as major banks kick off earnings season
Stock index futures ticked lower on Friday, while yields inched down, as investors gear up for major earnings from big banks.
04/12/2024 - 1:04 am | View Link - More
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