U.S. stocks sweep to fresh highs after strong jobs report
Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh
Uber to let office staff work up to half their time from anywhere -source
June 28 - Uber Technologies Inc will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy, the transport app company plans to announce on Tuesday, according to a person familiar with the matter.In $one$ of the most flexible policies offered yet by a big U.S. tech company as the COVID-19 pandemic eases, Uber plans to say that those working in offices need to spend at least 50% of their time there.But unlike many other companies the policy
Tech stock rally sends S&P and Nasdaq to record highs
- The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.The S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.In contrast, cycl