Friday, 6 December 2019 21:43 WIB
Stocks rose sharply at the open Friday after a stronger-than-expected report on employment conditions in November.
The Dow Jones Industrial Average jumped 200 points, 0.7%, to open near 27,878, while the S&P 500 rose about 16 points or 0.5%, opening near 3,134. The Nasdaq was up about 63 points, 0.7%, opening near 8,634.
Shares of American Outdoor Brands Inc. parent company of Smith &...
Friday, 6 December 2019 20:54 WIB
U.S. job gains roared back in November as unemployment matched a fresh half-century low and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Stock futures and the dollar jumped while Treasuries slid.
Payrolls jumped 266,000, the most since January, after an upwardly revised 156,000 advance the prior month, according to...
Friday, 6 December 2019 21:04 WIB
Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven.
Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs.
Gold has struggled to sustain recent rallies as...