Indexes drop from record highs, but tally strong weekly gains

Canada News News

Indexes drop from record highs, but tally strong weekly gains
Canada Latest News,Canada Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Wall Street fell from record levels on Friday after a four-day rally as investor...

- Wall Street fell from record levels on Friday after a four-day rally as investors digested the monthly U.S. jobs report and braced for the next coronavirus developments, but stocks still posted solid gains for the week.

“It’s just a technical pullback based on the big run-up we had this week,” said Matt Maley, chief market strategist at Miller Tabak. The Labor Department’s closely watched employment report showed non-farm payrolls increased by 225,000 jobs last month, while economists polled by Reuters had forecast payrolls would rise by 160,000 jobs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China tariff cut set to power Wall Street to record highsChina tariff cut set to power Wall Street to record highsWall Street's main indexes were set to hit record highs at the open on Thur...
Read more »

Fiat Chrysler's Q4 earnings meet Wall Street expectations, stock moves up 3% pre-market - Business InsiderFiat Chrysler's Q4 earnings meet Wall Street expectations, stock moves up 3% pre-market - Business InsiderFCA said its operating profit matched expectations, boosted by strong North American business and better results in Latin America.
Read more »

US futures point to 4th straight day of gains on Wall StreetUS futures point to 4th straight day of gains on Wall StreetU.S. stock index futures rose on Thursday morning with economic data and corporate earnings taking the reins as fears over the coronavirus outbreak eased slightly.
Read more »

Uber's new roadmap to profitability draws Wall Street praiseUber's new roadmap to profitability draws Wall Street praiseShares of Uber Technologies Inc rose on Friday after the ride-hailing company la...
Read more »

This is 'one of the most dangerous stocks' on Wall Street, according to money managerThis is 'one of the most dangerous stocks' on Wall Street, according to money managerOne of the wildest stock stories this week could also be the most dangerous, according to Mark Tepper of Strategic Wealth Partners.
Read more »

Goldman Sachs Bloomberg data partnership shows Wall Street opening up - Business InsiderGoldman Sachs Bloomberg data partnership shows Wall Street opening up - Business InsiderWe talked to the execs behind Bloomberg's new data partnership with Goldman Sachs. Here's why they think it's a sign of Wall Street's future.
Read more »



Render Time: 2025-04-17 12:38:40