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Positive Jobs Report Lifts U.S. Stocks

Stocks listed on the New York Stock Exchange continued their recovery on Friday following the March jobs report from the US Bureau of Labor Statistics. The tech-heavy Nasdaq Composite jumped 0.4%, while the S&P 500 gained 0.3%. The Dow Jones Industrial Average edged 0.1%...

Stocks Falter Following Stronger-Than-Expected Jobs Report

Stocks closed lower on Friday, thereby stalling their recent rally as February's jobs report exceeded Wall Street Expectations. 275,000 jobs were added last month, with the unemployment rate rising to 3.9%; its first increase in four months. The benchmark S&P 500 slumped by 0.7%, retreating...

Jobs Report Expected to Show Hiring Slowdown

The Bureau of Labor Statistics is set to release the U.S. Jobs Report for February on Friday morning, with investors eagerly awaiting this data as a means of gauging the health of the U.S. jobs market and whether January's surprise pickup will indeed sustain. Nonfarm...

Investors Brace for February Jobs Report and Fed Chair Testimony

Investors are anxiously bracing themselves for the release of the February U.S. Jobs Report this coming week, along with the semi-annual testimony by Federal Reserve President Jerome Powell on Capitol Hill. This comes after the S&P 500 and the tech-heavy Nasdaq Composite wrapped up...

Jobless Claims Hit Lowest Level Since September 2022

The US Labor Department reported on Thursday that jobless claim applications fell to 187,000 for the week ending January 13; a decline of 16,000 claims from the previous week. This is the lowest level of applications for unemployment benefits reported since September 2022. On a...

Stocks Hit Six-Week Winning Streak Following Strong Jobs Report

Stocks closed the first week of trading in December on a win, thereby securing their sixth consecutive winning week. This comes after the Bureau of Labor Statistics released a strong U.S. monthly jobs report for November. The Dow Jones Industrial Average gained 0.3% on Friday,...