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winwin123
2022-09-02

Wish that everything continues to fall within expectations. No surprises please

Dow Jumps 300 Points Friday After a Solid August Jobs Report, Cutting Losses for the Week

Stocks rose on Friday, cutting losses for the week, as August’s jobs report came in about as expecte

Dow Jumps 300 Points Friday After a Solid August Jobs Report, Cutting Losses for the Week

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No surprises please","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9939532785","repostId":1119041436,"repostType":2,"repost":{"id":"1119041436","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":1662129612,"share":"https://www.laohu8.com/m/news/1119041436?lang=&edition=full","pubTime":"2022-09-02 22:40","market":"us","language":"en","title":"Dow Jumps 300 Points Friday After a Solid August Jobs Report, Cutting Losses for the Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1119041436","media":"Tiger Newspress","summary":"Stocks rose on Friday, cutting losses for the week, as August’s jobs report came in about as expecte","content":"<html><head></head><body><p>Stocks rose on Friday, cutting losses for the week, as August’s jobs report came in about as expected. The data eased fears that a hotter labor market would give the Federal Reserve leeway to get more aggressive with its rate hikes.</p><p>The Dow Jones Industrial Average rose 304 points, or 1%. The S&amp;P 500 advanced 1.2% and the Nasdaq Composite gained 1.3%.</p><p>Investors were comforted by the highly anticipated jobs report, which showed the economy added 315,000 jobs for the month.</p><p>The unemployment rate rose to 3.7%, two-tenths of a percentage point higher than expectations. The August report is particularly important because it’s one of the last major economic reports the Fed will weigh before it raises rates at its September meeting. This data point could help the central bank determine whether a 75-basis-point hike.</p><p>The last major economic report of note is August CPI on Sept. 13 and is more likely to determine how aggressive the Fed needs to be in the near term.</p><p>The Dow and the S&amp;P 500 ended the day higher in the prior session to kick off September, snapping four days of losses. Still, the major averages are set to end the week lower and notch their third negative week in a row, after slumping in the last days of August. The Dow and S&amp;P are set to post a weekly decline of more than 1.5%. The Nasdaq Composite in on pace to fall 2.5% this week.</p><p>Stocks have been weighed down by hawkish comments from Federal Reserve officials signaling that interest rate hikes aren’t going away anytime soon. 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The data eased fears that a hotter labor market would give the Federal Reserve leeway to get more aggressive with its rate hikes.</p><p>The Dow Jones Industrial Average rose 304 points, or 1%. The S&amp;P 500 advanced 1.2% and the Nasdaq Composite gained 1.3%.</p><p>Investors were comforted by the highly anticipated jobs report, which showed the economy added 315,000 jobs for the month.</p><p>The unemployment rate rose to 3.7%, two-tenths of a percentage point higher than expectations. The August report is particularly important because it’s one of the last major economic reports the Fed will weigh before it raises rates at its September meeting. This data point could help the central bank determine whether a 75-basis-point hike.</p><p>The last major economic report of note is August CPI on Sept. 13 and is more likely to determine how aggressive the Fed needs to be in the near term.</p><p>The Dow and the S&amp;P 500 ended the day higher in the prior session to kick off September, snapping four days of losses. Still, the major averages are set to end the week lower and notch their third negative week in a row, after slumping in the last days of August. The Dow and S&amp;P are set to post a weekly decline of more than 1.5%. The Nasdaq Composite in on pace to fall 2.5% this week.</p><p>Stocks have been weighed down by hawkish comments from Federal Reserve officials signaling that interest rate hikes aren’t going away anytime soon. Now, traders are watching to see if stocks will retest the June lows, especially since September is historically a poor month for the market.</p><p>Shares of retailer Lululemon jumped nearly 10% after reporting quarterly results that beat Wall Street’s expectations.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119041436","content_text":"Stocks rose on Friday, cutting losses for the week, as August’s jobs report came in about as expected. The data eased fears that a hotter labor market would give the Federal Reserve leeway to get more aggressive with its rate hikes.The Dow Jones Industrial Average rose 304 points, or 1%. The S&P 500 advanced 1.2% and the Nasdaq Composite gained 1.3%.Investors were comforted by the highly anticipated jobs report, which showed the economy added 315,000 jobs for the month.The unemployment rate rose to 3.7%, two-tenths of a percentage point higher than expectations. The August report is particularly important because it’s one of the last major economic reports the Fed will weigh before it raises rates at its September meeting. This data point could help the central bank determine whether a 75-basis-point hike.The last major economic report of note is August CPI on Sept. 13 and is more likely to determine how aggressive the Fed needs to be in the near term.The Dow and the S&P 500 ended the day higher in the prior session to kick off September, snapping four days of losses. Still, the major averages are set to end the week lower and notch their third negative week in a row, after slumping in the last days of August. The Dow and S&P are set to post a weekly decline of more than 1.5%. The Nasdaq Composite in on pace to fall 2.5% this week.Stocks have been weighed down by hawkish comments from Federal Reserve officials signaling that interest rate hikes aren’t going away anytime soon. 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