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Dow Jones, S&P 500, and Nasdaq continue to trade in a bull market despite weaker than expected job report
  • For the week, the Dow Jones advanced 2.67%, the S&P 500 1.23%, while the Nasdaq shed -1.51%
  • The U.S. reported a weaker than expected job report
  • Dow Jones, S&P 500, and Nasdaq continue to trade in a bull market
May 9, 2021

Market analysis

Dow Jones, S&P 500, and Nasdaq continue to trade in a bull market despite weaker than expected job report
The U.S. stock market ended higher on Friday, and Wall Street’s three main indexes advanced despite a weaker than expected job report. The U.S. released on Friday Nonfarm Payrolls report, which showed that the country added just 266K jobs in April. Compared with the 770K jobs added in March, the…
May 9, 2021
Citigroup shares are up more than 20% YTD. Should I invest?
Citigroup shares have advanced more than  20% since the beginning of January 2021, and the current share price stands around $75. Citigroup reported better than expected first-quarter results last month, and according to the technical analysis, shares of this bank remain in a buy zone. Fundamental analysis: Oppenheimer raised its…
May 9, 2021
Is May a good month for buying Apple shares?
Apple shares have weakened from their recent highs above $140, and the current price stands around $128. Apple reported better than expected second-quarter results last week, and the company increased the quarterly dividend by 7.3%. Fundamental analysis: Morgan Stanley raised its target on Apple from $158 to $161 Apple shares…
May 6, 2021
Vanguard S&P 500 ETF has weakened after comments from Treasury Secretary Janet Yellen
Wall Street’s three main indexes are trading modestly lower at the beginning of May, and the U.S. stock market remains under pressure. Vanguard S&P 500 ETF has weakened around 0.6% this Tuesday; still, the price of this ETF continues to trade in a bull market, and according to technical analysis,…
May 4, 2021

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