S&P 500, Nasdaq set records on jobs data, trade headway
Friday, 1 November 2019 () U.S. stocks rallied to close out the trading week on Friday as the S&P 500 set a closing record for the third time in five days after an upbeat U.S. jobs report and data on Chinese manufacturing eased concerns about slowing global growth.
Happy Friday, indeed. A stronger than expected jobs report sent paired with not as bad as feared ISM manufacturing data sent markets surging with the Nasdaq and the S&P hitting record highs. "This is a complete repudiation of yesterday," Jim Cramer said. "We've got numbers that are weak enough that...
U.S. stocks continue to get pummeled. Here's a break down of what's driving the market down. Before we break it down, here are the price movements: Though markets have since shifted positive, the Dow..