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Nasdaq rings up a record to end the week after hotter-than-expected April jobs report
Marketwatch.com ^
| May 3, 2019
| William Watts
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 ...
TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: boycotts; djia; economy; incometaxes; maga; markets; nasdaq; sanctions; tariffs; taxcutsandjobsact; taxreform; tcja; trade; trumpdjia; trumpeconomy; unexpected; winning
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To: BenLurkin
Joe Biden is immoral.
Ask anyone with a sense of decency.
21
posted on
05/03/2019 2:13:04 PM PDT
by
wally_bert
(Disc jockeys are as interchangeable as spark plugs.)
To: KarlInOhio
"Paul Krugman of the New York Times "
LOL, How is this guy still employed as a pundidit?
22
posted on
05/03/2019 2:17:28 PM PDT
by
Paladin2
To: BinaryBoy
It hasn’t been that long ago that beards were stroked and six percent was intoned as the lowest possible unemployment rate in a strong economy. Trump’s china shop breakage is getting out into the street!
23
posted on
05/03/2019 2:21:47 PM PDT
by
sparklite2
(Don't mind me. I'm just a contrarian.)
To: sparklite2
I remember when 3% GDP was considered anemic.
24
posted on
05/03/2019 2:22:58 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Cementjungle
25
posted on
05/03/2019 2:29:57 PM PDT
by
Mercat
To: Mercat
I might. They’re good dividend stocks. Got too much cash sitting around earning 0.00000000001%
To: Cementjungle
27
posted on
05/03/2019 2:34:47 PM PDT
by
abb
("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
To: abb
“The time to buy is when there’s blood running in the street”-Baron Rothschild
To: Cementjungle
Several banks are paying 2.5% on mm accts
To: billyboy15
August 1982, December 1987, March 2003, March 2009
30
posted on
05/03/2019 2:44:53 PM PDT
by
abb
("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
To: Cementjungle
I might. They’re good dividend stocks. Got too much cash sitting around earning 0.00000000001%
12 month CDs are paying 2.8%. No reason to have money just sitting around. I'm 1/3 in the market, 1/3 in CDs and 1/3 in real estate. Other then 2008/9, never really been hurt and am doing pretty well so far this year.
31
posted on
05/03/2019 2:47:41 PM PDT
by
JoSixChip
(Trump stands alone.)
To: abb
Their minds are still on the Obama years.
32
posted on
05/03/2019 2:58:15 PM PDT
by
353FMG
To: abb
Oh no, Dems are jumping out of windows...More Winning...😊
33
posted on
05/03/2019 3:11:05 PM PDT
by
Deplorable American1776
(Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is, too. :-))
To: abb
Experts say that the hotter than usual economy is due to global warming,
34
posted on
05/03/2019 3:35:39 PM PDT
by
djpg
To: abb
Remember Bammy with his “laser like focus in “ on jobs?
35
posted on
05/03/2019 3:54:32 PM PDT
by
I want the USA back
(Lying Media: willing and eager allies of the hate-America left.)
To: JoSixChip
Only reason I have a bunch is because last year I sold a bunch of stock to buy our new house in Vegas before we sold our old one in FL. I’ve reinvested some of it, still have a few hundred K left to invest.
To: AmericanCheeseFood
If you go to DU (and I do, just to spy on our highly delusional enemies), they believe the numbers are rigged. When they talk about it at all. It’s sort of hilarious to watch them, actually. It’s honestly kind of like wandering into a Psych ward with no attendants.
37
posted on
05/04/2019 4:31:29 AM PDT
by
Hardastarboard
(Three most annoying words on the internet - "Watch the video")
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