On Friday, June 6, U.S. markets closed in green, as a solid jobs report eased economic concerns and optimism over renewed U.S.-China trade talks boosted sentiment. The S&P 500 closed above a key milestone, led by gains in technology. Tesla rebounded after a sharp drop, and other major tech stocks rose. Investors now expect the Federal Reserve to hold off on rate cuts until later in the year, awaiting further signs of labor market softening.
According to economic data, the U.S. nonfarm payrolls rose by 139,000 in May, topping forecasts of 130,000. Wages grew 0.4%, the biggest monthly gain since January, while unemployment held at 4.2%.
All S&P 500 sectors ended higher on Friday, led by strong gains in consumer discretionary, energy, and communication services …
Full story available on Benzinga.com
On Friday, June 6, U.S. markets closed in green, as a solid jobs report eased economic concerns and optimism over renewed U.S.-China trade talks boosted sentiment. The S&P 500 closed above a key milestone, led by gains in technology. Tesla rebounded after a sharp drop, and other major tech stocks rose. Investors now expect the Federal Reserve to hold off on rate cuts until later in the year, awaiting further signs of labor market softening.
According to economic data, the U.S. nonfarm payrolls rose by 139,000 in May, topping forecasts of 130,000. Wages grew 0.4%, the biggest monthly gain since January, while unemployment held at 4.2%.
All S&P 500 sectors ended higher on Friday, led by strong gains in consumer discretionary, energy, and communication services …
Full story available on Benzinga.com
On Friday, June 6, U.S. markets closed in green, as a solid jobs report eased economic concerns and optimism over renewed U.S.-China trade talks boosted sentiment. The S&P 500 closed above a key milestone, led by gains in technology. Tesla rebounded after a sharp drop, and other major tech stocks rose. Investors now expect the Federal Reserve to hold off on rate cuts until later in the year, awaiting further signs of labor market softening.
According to economic data, the U.S. nonfarm payrolls rose by 139,000 in May, topping forecasts of 130,000. Wages grew 0.4%, the biggest monthly gain since January, while unemployment held at 4.2%.
All S&P 500 sectors ended higher on Friday, led by strong gains in consumer discretionary, energy, and communication services …Full story available on Benzinga.com Read MoreADIV, AGOV, ASHR, Asia, BBEU, BOIL, Briefs, CQQQ, DBC, EEM, EEMA, EWU, EZU, FLAX, FXA, FXB, FXC, FXE, FXI, GLD, GSG, GXC, IEMG, IEUR, IEV, KDIV, News, SPEM, SPY, Stories That Matter, UNG, USDU, USO, UUP, VGK, VWO, Emerging Markets, Eurozone, Futures, Commodities, Forex, Top Stories, Markets, UNG, US9123181102, AGOV, USO, US91232N1081, KDIV, UUP, US73936D1072, DBC, US73935S1050, VGK, US9220428745, EEM, US4642872349, VWO, US9220428588, EWU, US4642866994, CQQQ, US18383Q1351, EZU, US4642866085, BOIL, FXA, US23129U1016, EEMA, FXB, US23129S1069, IEMG, FXC, US23129X1054, ASHR, FXE, US23130C1080, USDU, FXI, US4642871846, IEUR, GLD, US78463V1070, SPEM, GSG, US46428R1077, GXC, US78463X4007, BBEU, IEV, US4642878619, FLAX, SPY, US78462F1030, ADIV, News, Asia, Emerging Markets, Eurozone, Futures, Commodities, Forex, Top Stories, Markets, Benzinga Markets
