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07 May 2023

Stocks close higher amid strong jobs data, regional bank recovery | May 5, 2023

Stocks close higher amid strong jobs data, regional bank recovery | May 5, 2023#youtube #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest markets news check out finance.yahoo.com U.S. stocks closed Friday’s trading session sharply higher as investors digested the Labor Department’s closely watched April jobs report, which showed the U.S. labor market remains strong but that growth is moderating. That gave investors hope that the Fed may pause its interest rate hikes at its meeting next month. The economic data caps off a busy week for investors, which saw the Federal Reserve once again raise interest rates by another 0.25% as key earnings from companies like Apple (AAPL), Starbucks, (SBUX) and Ford (F) came in mostly positive for the quarter. The S&P 500 (^G

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