Reported 6 months ago
US stocks slightly dipped on Friday following a robust jobs report showing 272,000 new jobs added in May, surpassing expectations. The S&P 500 and Dow Jones fell marginally, while the Nasdaq also dropped slightly. Despite the Friday session, all three indexes notched weekly wins. Investors are eager for more data to gauge signs of economic growth, with the Federal Reserve expected to keep rates steady next week. GameStop shares plunged after investor Keith Gill's livestream, and Nvidia's stock split was slated post-market. Biden's job tally reached 15.6 million, although voters' perceptions center on inflation. Homebuilder stocks declined post-jobs report, and DocuSign's shares dropped after below-par guidance. Robinhood's stock surged as the platform expanded into crypto exchanges.
Source: YAHOO