DJIA26891.54
LIVE65.80(0.25%)
NDX7907.19
LIVE-33.14(-0.42%)

Stock market attempts rebound from multiday skid after healthy jobs report


Friday, 3 May 2019 20:51 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


c_740_198_16777215_00_images_assets_USMARKET_0dowjonespic1-580x358.jpg

Stock-market benchmarks rose at the opening bell on Friday, putting the S&P 500 and Dow on track to snap back-to-back losses, after a stellar jobs report underlined the economy's strength.

The S&P 500 rose 0.4% to around 2,929. The Dow Jones Industrial Average advanced 129 points, or 0.5%, to 26,347. The Nasdaq Composite climbed 0.6% to around 8,089.

The U.S. economy added 263,000 jobs in April, pushing down the unemployment rate to a 49-year low of 3.6%. At the same time, average hourly earnings rose 0.2%. With wage gains muted, the central bank is likely to hold rates steady at a range between 2.25% and 2.50% in the near term, analysts said. In company news, shares of Amazon.com Inc. rose 2.5% after billionaire Warren Buffett said Berkshire Hathaway had scooped up stock of the e-commerce giant.

Source : MarketWatch


RELATED NEWS

  • U.S. stock index futures turned slightly lower on Tuesday morning. At around 05:30 a.m. ET, Dow futures dipped 22 points, indicating a negative open of more than 8 points. Futures on the S&P and ...
  • Hong Kong stocks finished on a positive note Tuesday, tracking gains on Wall Street thanks to growing hopes that China and the US will hammer out the first phase of their trade pact by next month. Th...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.