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06 Jan 2023

Stocks rally after December jobs report | January 6, 2023

Stocks rally after December jobs report | January 6, 2023#stockstowatch #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest market news check out finance.yahoo.com U.S. stocks climbed on Friday after December employment data showed wage growth decelerated last month while a closely watched manufacturing report reflected a contraction in the services industry. Investors perceived the releases as a sign Federal Reserve officials may ease their rate hiking campaign. The S&P 500 (^GSPC) jumped 1.7%, while the Dow Jones Industrial Average (^DJI) added 550 points, or around the same percentage amount. The technology-heavy Nasdaq Composite (^IXIC) advanced 1.5%. All three major averages were on pace to round out the first week of 2023

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Filed Under: Jobs Tagged With: #news, (business, bitcoin, bonds, currencies, equities, finance, fx, inflation, investing, investment, market, markets, money, nyse, personal, politics, premium, recession, savings, stock, stocks, yahoo

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