Nasdaq rises to a record high after weaker jobs data
US stocks climbed Friday, with the Nasdaq Composite reaching a record high as softer jobs data reduced near-term rate-hike expectations and lower oil prices supported risk sentiment.
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US stocks climbed Friday, with the Nasdaq Composite reaching a record high as softer jobs data reduced near-term rate-hike expectations and lower oil prices supported risk sentiment.
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks capped one of their strongest weeks in months as softer-than-expected labor market data and resilient corporate earnings fueled a broad rally across Wall Street. The S&P 500 closed at a