Nonfarm payrolls disappoint, raising economic growth concerns
📉 SPX | 4,391 (-8, -0.2%)📉 DJIA | 34,746 (-9, 0.0%)📉 CCMP | 14,580 (-74, -0.5%) 🎈 Employment gains (non-farm payrolls) came in at 194K against 500K expected, a second consecutive miss representing the slowest job growth for 2021 so far. With unemployment nonetheless falling from 5.1% to 4.8%, Friday’s trading session saw a relatively […]
Stock market bears again put to sleep as stocks rise for another day
📈 SPX | 4,400 (+36, +0.8%)📈 DJIA | 34,755 (+338, +1.0%)📈 CCMP | 14,654 (+152, +1.0%) 🎈 Gasoline prices have risen to an average of $3.22 per gallon in the USA (a gallon is 3.78 litres), the highest since 2014, and about $1 per gallon higher than a year ago. In major states like California, […]