Nasdaq rises for fifth-straigh

2022-07-09

Nasdaq rises for fifth-straight day after strong jobs report as Wall Street notches winning week. The Nasdaq Composite rose in choppy trading on Friday as investors reacted to a stronger-than-expected jobs report that will likely keep the Federal Reserve on track for its aggressive rate hikes. The Nasdaq gained 0.12%. The Nasdaq has risen in five straight days for the first time this year. Nonfarm payrolls increased 372,000 in the month of June, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics. All three major averages finished up for the week. The jobs report and a recent decline in commodities prices have made a have made a so-called “soft landing” for the U.S. economy a bit more likely, boosting stocks, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.

Stocks Turn Positive As Investors Digest June Jobs Report

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Comments

hellodarz888
2022-07-09
hellodarz888
still strong in numbers? hmm
K734
2022-07-09
K734
Thanks for sharing
superpopo
2022-07-09
superpopo
halo
PatrickTay
2022-07-09
PatrickTay
[smile]
charija
2022-07-09
charija
wow
tig2021
2022-07-09
tig2021
ok

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154

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The Nasdaq has risen in five straight days for the first time this year. Nonfarm payrolls increased 372,000 in the month of June, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics. All three major averages finished up for the week. The jobs report and a recent decline in commodities prices have made a have made a so-called “soft landing” for the U.S. economy a bit more likely, boosting stocks, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</body></html>","htmlText":"<html><head></head><body>Nasdaq rises for fifth-straight day after strong jobs report as Wall Street notches winning week. The Nasdaq Composite rose in choppy trading on Friday as investors reacted to a stronger-than-expected jobs report that will likely keep the Federal Reserve on track for its aggressive rate hikes. The Nasdaq gained 0.12%. The Nasdaq has risen in five straight days for the first time this year. Nonfarm payrolls increased 372,000 in the month of June, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics. All three major averages finished up for the week. The jobs report and a recent decline in commodities prices have made a have made a so-called “soft landing” for the U.S. economy a bit more likely, boosting stocks, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</body></html>","text":"Nasdaq rises for fifth-straight day after strong jobs report as Wall Street notches winning week. The Nasdaq Composite rose in choppy trading on Friday as investors reacted to a stronger-than-expected jobs report that will likely keep the Federal Reserve on track for its aggressive rate hikes. The Nasdaq gained 0.12%. The Nasdaq has risen in five straight days for the first time this year. Nonfarm payrolls increased 372,000 in the month of June, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics. All three major averages finished up for the week. The jobs report and a recent decline in commodities prices have made a have made a so-called “soft landing” for the U.S. economy a bit more likely, boosting stocks, said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.","highlighted":2,"essential":1,"paper":1,"likeSize":154,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9073155838","repostId":1184253309,"repostType":4,"repost":{"id":"1184253309","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657291457,"share":"https://www.laohu8.com/m/news/1184253309?lang=&edition=full","pubTime":"2022-07-08 22:44","market":"us","language":"en","title":"Stocks Turn Positive As Investors Digest June Jobs Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1184253309","media":"Tiger Newspress","summary":"Stocks ticked higher on Friday as investors believe a stronger-than-expected jobs report will likely","content":"<html><head></head><body>Stocks ticked higher on Friday as investors believe a stronger-than-expected jobs report will likely keep the Federal Reserve on track for its aggressive rate hikes.The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite rose about 0.2%. The S&amp;P 500 gained 0.15%.<img src=\"https://static.tigerbbs.com/46e2dfd61985a9553ba6ff4b2a87ffde\" tg-width=\"1080\" tg-height=\"488\" width=\"100%\" height=\"auto\"/>Nonfarm payrolls increased 372,000 in the month of June, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics.“The overall picture is pretty strong job growth, and I’d say quite good earnings growth. That just makes the case for 75 basis points this month almost air tight,” said Michael Schumacher, head of macro strategy at Wells Fargo.Defensive-oriented health care consumer staples stocks were among the outperformers. Centene Corp. and Moderna each gained more than 3%, while UnitedHealth Group rose 2.4%. Pepsico added more than 1%, while Costco climbed nearly 2%.Treasury yields jumped sharply after the jobs data was released, which may have weighed on stocks. Tech and other high-growth sectors are sensitive to rising rates, as that can devalue future earnings.Shares of Netflix and Match.com fell more than 2%, and Chinese internet retail giant JD.com lost more than 3%.Though the jobs report was a positive sign for the state of the U.S., many investors believe that will allow the Federal Reserve to aggressively fight inflation with rate hikes in the coming months.“This report is good news is bad news for the market today...you couldn’t ask for anything better from this jobs report in terms of broad gains, low unemployment, the number was above expectations,” said Michael Arone of State Street Global Advisors. “Wages were growing but at a slower rate. …That was a good thing, and yet the markets kind of shrugged their shoulders here because at the end, the conclusion is the Fed is going to go by 75 basis points.”Friday’s market action jeopardizes a four-day winning streak for the S&amp;P 500, which is tied for its longest positive stretch of the year. The broad index is up about 1.3% for the week.The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite are up 0.4% and 3.4%, respectively, this week.Elsewhere on Friday, shares of Levi Strauss gained more than 3% after the retailer reported quarterly earnings that exceeded expectations and boosted its dividend.GameStop fell about 6% as the company fired its chief financial officer and said it would lay off employees as part of a turnaround plan. The stock notched a 15% gain in the prior session after the video game retailer announced a 4-for-1 stock split.Shares of WD-40 fell more than 12% after the company reported shrinking margins during its fiscal third quarter, citing macroeconomic pressures.The second-quarter earnings season begins in earnest next week, with reports due out from most major banks.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Turn Positive As Investors Digest June Jobs Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Turn Positive As Investors Digest June Jobs Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2022-07-08 22:44\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Stocks ticked higher on Friday as investors believe a stronger-than-expected jobs report will likely keep the Federal Reserve on track for its aggressive rate hikes.The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite rose about 0.2%. The S&amp;P 500 gained 0.15%.<img src=\"https://static.tigerbbs.com/46e2dfd61985a9553ba6ff4b2a87ffde\" tg-width=\"1080\" tg-height=\"488\" width=\"100%\" height=\"auto\"/>Nonfarm payrolls increased 372,000 in the month of June, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics.“The overall picture is pretty strong job growth, and I’d say quite good earnings growth. That just makes the case for 75 basis points this month almost air tight,” said Michael Schumacher, head of macro strategy at Wells Fargo.Defensive-oriented health care consumer staples stocks were among the outperformers. Centene Corp. and Moderna each gained more than 3%, while UnitedHealth Group rose 2.4%. Pepsico added more than 1%, while Costco climbed nearly 2%.Treasury yields jumped sharply after the jobs data was released, which may have weighed on stocks. Tech and other high-growth sectors are sensitive to rising rates, as that can devalue future earnings.Shares of Netflix and Match.com fell more than 2%, and Chinese internet retail giant JD.com lost more than 3%.Though the jobs report was a positive sign for the state of the U.S., many investors believe that will allow the Federal Reserve to aggressively fight inflation with rate hikes in the coming months.“This report is good news is bad news for the market today...you couldn’t ask for anything better from this jobs report in terms of broad gains, low unemployment, the number was above expectations,” said Michael Arone of State Street Global Advisors. “Wages were growing but at a slower rate. …That was a good thing, and yet the markets kind of shrugged their shoulders here because at the end, the conclusion is the Fed is going to go by 75 basis points.”Friday’s market action jeopardizes a four-day winning streak for the S&amp;P 500, which is tied for its longest positive stretch of the year. The broad index is up about 1.3% for the week.The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite are up 0.4% and 3.4%, respectively, this week.Elsewhere on Friday, shares of Levi Strauss gained more than 3% after the retailer reported quarterly earnings that exceeded expectations and boosted its dividend.GameStop fell about 6% as the company fired its chief financial officer and said it would lay off employees as part of a turnaround plan. The stock notched a 15% gain in the prior session after the video game retailer announced a 4-for-1 stock split.Shares of WD-40 fell more than 12% after the company reported shrinking margins during its fiscal third quarter, citing macroeconomic pressures.The second-quarter earnings season begins in earnest next week, with reports due out from most major banks.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184253309","content_text":"Stocks ticked higher on Friday as investors believe a stronger-than-expected jobs report will likely keep the Federal Reserve on track for its aggressive rate hikes.The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite rose about 0.2%. The S&P 500 gained 0.15%.Nonfarm payrolls increased 372,000 in the month of June, better than the 250,000 Dow Jones estimate and continuing what has been a strong year for job growth, according to data Friday from the Bureau of Labor Statistics.“The overall picture is pretty strong job growth, and I’d say quite good earnings growth. That just makes the case for 75 basis points this month almost air tight,” said Michael Schumacher, head of macro strategy at Wells Fargo.Defensive-oriented health care consumer staples stocks were among the outperformers. Centene Corp. and Moderna each gained more than 3%, while UnitedHealth Group rose 2.4%. Pepsico added more than 1%, while Costco climbed nearly 2%.Treasury yields jumped sharply after the jobs data was released, which may have weighed on stocks. Tech and other high-growth sectors are sensitive to rising rates, as that can devalue future earnings.Shares of Netflix and Match.com fell more than 2%, and Chinese internet retail giant JD.com lost more than 3%.Though the jobs report was a positive sign for the state of the U.S., many investors believe that will allow the Federal Reserve to aggressively fight inflation with rate hikes in the coming months.“This report is good news is bad news for the market today...you couldn’t ask for anything better from this jobs report in terms of broad gains, low unemployment, the number was above expectations,” said Michael Arone of State Street Global Advisors. “Wages were growing but at a slower rate. …That was a good thing, and yet the markets kind of shrugged their shoulders here because at the end, the conclusion is the Fed is going to go by 75 basis points.”Friday’s market action jeopardizes a four-day winning streak for the S&P 500, which is tied for its longest positive stretch of the year. The broad index is up about 1.3% for the week.The Dow Jones Industrial Average and the tech-heavy Nasdaq Composite are up 0.4% and 3.4%, respectively, this week.Elsewhere on Friday, shares of Levi Strauss gained more than 3% after the retailer reported quarterly earnings that exceeded expectations and boosted its dividend.GameStop fell about 6% as the company fired its chief financial officer and said it would lay off employees as part of a turnaround plan. The stock notched a 15% gain in the prior session after the video game retailer announced a 4-for-1 stock split.Shares of WD-40 fell more than 12% after the company reported shrinking margins during its fiscal third quarter, citing macroeconomic pressures.The second-quarter earnings season begins in earnest next week, with reports due out from most major banks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2620,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":752,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":102785244,"commentId":"102785244","gmtCreate":1657361300155,"gmtModify":1663253870534,"authorId":3583033675115574,"author":{"id":3583033675115574,"idStr":"3583033675115574","authorId":3583033675115574,"name":"hellodarz888","avatar":"https://static.tigerbbs.com/4e5f7fa39ea3c821aa8099f517287dcb","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9073155838,"objectIdStr":"9073155838","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"still strong in numbers? hmm","text":"still strong in numbers? hmm","html":"still strong in numbers? hmm","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102785449,"commentId":"102785449","gmtCreate":1657362559520,"gmtModify":1663253872165,"authorId":3569279533346601,"author":{"id":3569279533346601,"idStr":"3569279533346601","authorId":3569279533346601,"name":"K734","avatar":"https://static.tigerbbs.com/edea1c4b030ca17a907923f450b19c87","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9073155838,"objectIdStr":"9073155838","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for sharing ","text":"Thanks for sharing ","html":"Thanks for sharing ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102785979,"commentId":"102785979","gmtCreate":1657365980858,"gmtModify":1663253876947,"authorId":3584161011431512,"author":{"id":3584161011431512,"idStr":"3584161011431512","authorId":3584161011431512,"name":"superpopo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 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