Stocks Wobble But Gain for the Week After Strong Jobs Report

Reported 11 months ago

US stocks dipped on Friday following a jobs report showing robust hiring growth, with the S&P 500 and Dow Jones slipping while the Nasdaq shed about 0.2%. Despite Friday's losses, all three indexes achieved weekly gains. Investors await the Fed's policy meeting next week, expecting no immediate rate changes but looking for clues on future cuts. GameStop shares fell 40% after Keith Gill's livestream, while Nvidia's stock split was anticipated. President Biden's strong job record has added 15.6 million jobs, but voters' focus remains on inflation.

Source: YAHOO

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