Posted on 05/03/2019 1:38:05 PM PDT by abb
The Nasdaq on Friday closed at a record, and the S&P 500 narrowly missed its own, as investors bought stocks following an April employment report that came in hotter than expected, underscoring consistent labor-market strength.
The Nasdaq Composite Index COMP advanced 127.22 points, or 1.6%, at 8,164, buoyed by gains in e-commerce giant Amazon.com Inc., which helped the technology-laden index to carve out a fresh all-time high and recover from a three-session stumble. The S&P 500 index climbed 28.12 points, or 1%, at 2,945.64, barely missing its own closing record at 2,845.83.
All 11 S&P 500 sectors finished in positive territory for the day.
The Dow Jones Industrial Average DJIA rose 197.16 points, or 0.8%, to 26,504.95.
snip
(Excerpt) Read more at marketwatch.com ...
unexpected...
More unexpected results due to the evil Trump!
U.S. Stocks Climb on Strong Jobs Data
Jobs report for April was above expectations; bond yields fall.
By Jessica Menton and Will Horner
Updated May 3, 2019 3:56 p.m. ET
U.S. stocks advanced Friday after data showed the U.S. labor market added more jobs than expected in April.
They keep getting blindsided by these “unexpected” results. It’s as if they ain’t paying attention or something.
Part of it is because Warren Buffett disclosed info that sent Amazon soaring
This sucks. Been eying 2 stocks to buy, but have been waiting for them to dip a little first... but they keep going up.
GEF/B and P
*DRINK*
Be patient. You’ll get a chance.
“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
-J. Paul Getty
Great idea!! I was just about to pour myself a martini.
It’s Five O’Clock somewhere.
Jobs are immoral. Just ask Joe Biden
The S&P 500 index climbed 28.12 points, or 1%, at 2,945.64, barely missing its own closing record at 2,845.83.
Just checked. The S/P closed, indeed, at 2945. I think the closing record here is misstated by a hundred points.
Black People : “Trump is forcing us to work. It’s like slavery never ended.”
“It really does now look like President Donald J. Trump, and markets are plunging. When might we expect them to recover? A first-pass answer is never… So we are very probably looking at a global recession, with no end in sight.” Paul Krugman of the New York Times
Drudge is splashing the hot economic news front and center on his page.
It’s OBAMA’S ECONOMY REMEMBER
/s
Every lefty I ever conversed with on Fox forums believes that.
Yep
> helping to drive down the unemployment rate to a 49-year low of 3.6%
But that’s impossible! The experts told me so!
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