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U.S. stocks open mixed on Friday after better-than-expected jobs report for july

Tiger Newspress2021-08-06

(Aug 6) U.S. stocks open mixed on Friday after better-than-expected jobs report for july.

Dow gains 0.2%; S&P 500 rises 0.1%. Nasdaq Composite Index declines 0.2%.

Gold futures lose grip on $1,800, head for steepest daily drop in 7 weeks.

Tech shares declined as the jump in rates caused investors to take profits in the names and move back into stocks that could benefit more from faster economic growth. Higher rates can also expose tech stock lofty valuations.

Westport rose about 15% in morning trading. Westport Fuel Systems EPS beats by $0.15, beats on revenue.Plug Powe gained over 8% after the company reported better-than-expected Q2 sales results and raised FY21 guidance.Novavax slides over 15% after delaying FDA submission for Covid vaccine.

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Comment35

  • FU5591
    ·2021-08-09
    nice
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  • kianlin
    ·2021-08-09
    Yes
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  • yywu63
    ·2021-08-08
    ?
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  • Soksok
    ·2021-08-08
    Good 
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  • HenkDutch
    ·2021-08-08
    Keep going
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  • Meshaarias72
    ·2021-08-08
    Like n comment pls
    Reply
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  • Kimmikim
    ·2021-08-07
    Wa
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  • Staceh091
    ·2021-08-07
    Pls like
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    • Kimmikim
      Wa
      2021-08-07
      Reply
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  • Chris68
    ·2021-08-07
    Good to know that market is recovering 
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  • KongSH
    ·2021-08-07
    Like and comment.. Thanks :)
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    • chiusan
      Like!
      2021-08-07
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  • Williamw
    ·2021-08-07
    Ok great
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  • TK360
    ·2021-08-07
    Nice 
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  • jackytanks
    ·2021-08-07
    Yes
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  • Doppie
    ·2021-08-07
    Ok
    Reply
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    • joleenng
      Yes
      2021-08-07
      Reply
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  • replaygoh
    ·2021-08-07
    no good
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  • JoyceChew
    ·2021-08-06
    Good
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  • gsr45
    ·2021-08-06
    time to look into some commodity stocks with the treasury yields going up
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    • gsr45
      well in the words of the famous Wayne Gretzky, I skate to where the puck is going to be, not where it has been :) so yeah time to embrace commodities
      2021-08-07
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    • JoyceChew
      ??????
      2021-08-06
      Reply
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    • Jackytan
      That's going with the crowd, isn't it?
      2021-08-07
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  • wowk
    ·2021-08-06
    Wow
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  • WjsdSGTi
    ·2021-08-06
    Mix
    Reply
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    • WjsdSGTi
      Wait
      2021-08-06
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  • abp
    ·2021-08-06
    Pls like and comment 
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    • CLONGER
      Done
      2021-08-07
      Reply
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    • Ryacleigh
      ??
      2021-08-06
      Reply
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