Major U.S. stock-indexes slightly rose on Friday after April payrolls data showed employment gains hit a seven-month low, casting doubts about the health of the economy and the likelihood of an interest rate hike by the end of the year. Nonfarm payrolls increased by 160,000 last month, far below the 202,000 that economists polled by Reuters had forecast on average. The number was lower than the first-quarter average monthly job growth of 200,000.
Most of Dow stocks in positive area (20 of 30). Top looser - Merck & Co. Inc. (MRK, -1,55%). Top gainer - The Procter & Gamble Company (PG, +0,84%).
S&P sectors mixed. Top looser - Conglomerates (-2,1%). Top gainer - Industrial goods (+0,9%).
At the moment:
Dow 17621.00 +47.00 +0.27%
S&P 500 2045.50 +1.50 +0.07%
Nasdaq 100 4305.00 +4.75 +0.11%
Oil 44.64 +0.32 +0.72%
Gold 1293.30 +21.00 +1.65%
U.S. 10yr 1.78 +0.03
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