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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
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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
Dow Jones, S&P 500, and Nasdaq remain in a bull market ahead of the Nonfarm Payrolls report
Wall Street’s three main indexes remained under pressure on Friday even though mega-cap companies mainly posted strong earnings in the first quarter. The Dow Jones and the Nasdaq weakened on a weekly basis while the S&P 500 was about flat. Amazon, Apple, Alphabet, and other tech-related companies posted better than…
May 2, 2021
DAX index weakened last week, but it continues to trade above 15,000 points
The German DAX weakened last week as investors remain concerned after data showed the eurozone entered into a second technical recession in the first quarter of the year. The euro area’s quarterly gross domestic product fell 0.6% in the first quarter following a 0.7% drop in the prior quarter.
May 1, 2021
Dow Jones, the S&P 500, and Nasdaq remain in a bull market despite tax worries
Wall Street’s three main indexes ended higher on Friday as companies continued to report strong first-quarter earnings. Despite this, the Dow Jones, the S&P 500, and the Nasdaq weakened on a weekly basis as investors remain careful after the news about capital gains tax. The U.S. President Joe Biden is…
April 25, 2021