|Day's range||3,163.84 - 3,211.72|
|52-week range||2,191.86 - 3,393.52|
Most black families will not see the benefit from a historic stock market rally, one that has persisted despite a global pandemic and nationwide protests.
Wall Street stocks surged Friday following a surprisingly strong US jobs report, which markets viewed as validating recent gains and proving the economy is recovering. The broad-based S&P 500 jumped 2.6 percent to close at 3,193.93, while the tech-rich Nasdaq Composite Index climbed 2.0 percent to 9,814.08, narrowly missing an all-time high. Since March, investors have looked past huge increases in unemployment, weakening consumer confidence and other grim indicators in anticipation of better times against a backdrop of massive stimulus from Washington.
What happened? Today's a good day to own stocks of all kinds. It's incredibly good for oil stock investors, with many companies in the oil patch seeing their shares rocket higher than the 2.
Stocks spiked on Friday after data showed the coronavirus-stricken U.S. economy unexpectedly added jobs in May.
After nailing the market's recovery, Fundstrat's Tom Lee is predicting hard hit stocks can carry the S&P 500 to new highs.
Shares of the arts-and-crafts retailer rose for the second day following an encouraging earnings report.
Data on Friday showed a surprise rise in U.S. jobs in May, offering the clearest signal yet the downturn triggered by the COVID-19 pandemic was probably over, although the road to recovery could still be long. The smaller Nasdaq 100 index <.NDX> hit a record high on Thursday, partly powered by tech-related names including Amazon.com Inc <AMZN.O>, Netflix Inc <NFLX.O>, Alphabet Inc <GOOGL.O> and Apple Inc <AAPL.O>. Closing at a record high, according to a widely accepted definition, would confirm that the Nasdaq Composite has been in a new bull market since its pandemic low on March 23.
There are at least a few reasons to doubt May's stunning jobs surge, economists say.
The stock market exploded to the upside during the trading session on Friday, as the jobs number came out much better than anticipated.
Experts on the markets and economy weigh in on the U.S. economy following a surprise May jobs report.
Investors' penchant for risk is honed on the hopes of an economic salvage, resulting in a gold price dip for the third consecutive week.
As of late, it has definitely been a great time to be an investor of AudioEye
As of late, it has definitely been a great time to be an investor of Fastly
The stock market continued its remarkable rally on Friday, thanks to a blowout jobs report and general optimism about the economic recovery as states continue to reopen. The financial sector was one of the market's strongest performers, and big bank stocks in particular were having a strong day. Citigroup (NYSE: C) was leading the group with an 8% gain, while Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC), and U.S. Bancorp (NYSE: USB) were all up by more than 6%.
CDW (CDW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Central Garden (CENT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Marathon Oil (MRO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Waste Connections (WCN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Today and next week the S&P; 500, market sentiment, volatility, Put/Call Ratio have created the perfect storm for blow-off top and reversal.
Novavax (NVAX) secures a $60-million pact from the US Department of Defense to manufacture its COVID-19 vaccine candidate, NVX-CoV2373.