Major U.S. stock indexes sharply lower on Friday after much weaker-than-expected nonfarm payrolls data for May raised doubts if the economy was healthy enough to absorb an interest rate hike in the near term. The U.S. Labor Department said payrolls increased by only 38,000 last month, the smallest gain since September 2010 and well below economists' forecasts of 164,000. The jobless rate fell to 4,7%, the lowest since November 2007.
Most of Dow stocks in negative area (18 of 30). Top looser - The Goldman Sachs Group, Inc. (GS, -2,54%). Top gainer - Caterpillar Inc. (CAT, +1,28%).
Most of S&P sectors also in negative area. Top looser - Financial (-1,2%). Top gainer - Utilities (+1,6%).
At the moment:
Dow 17794.00 -31.00 -0.17%
S&P 500 2095.75 -8.00 -0.38%
Nasdaq 100 4511.25 -21.00 -0.46%
Oil 48.74 -0.43 -0.87%
Gold 1241.80 +29.20 +2.41%
U.S. 10yr 1.71 -0.10
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.