Categories

Apr 05 | Daily Finance News

U.S. STOCK PICKS

Closing: 4:00 PM EST

  • 股市周五反弹,跟随道琼斯工业平均指数创下逾一年来的最大跌幅后,交易员们对强劲的就业报告表示欢迎,并忽略了利率的上涨。
  • 道指上涨了307.06点,或0.8%,收于38,904.04点。 标准普尔500指数上涨了1.11%,收于5,204.34点。纳斯达克综合指数上涨了1.24%,收于16,248.52点。
  • 联储理事鲍曼表示,如果通胀保持高位,可能需要进一步加息。
  • 特斯拉股价本周下跌6%,因电动汽车市场增长放缓影响销售、定价和未来战略。

*All information sourced from news portals such as CNBC, Yahoo Finance, Reuters, etc.

Apr 05 | Daily Finance News

0405 stock market

U.S. STOCK PICKS

  • Stocks rebounded Friday morning following the index’s worst session in over a year as traders assessed the March jobs report.
  • Job growth totaled 303,000 in March, which was better than expected, while the unemployment rate came in at 3.8% for the month, as expected. Nonfarm payrolls were expected to increase by 200,000, according to Dow Jones estimates. Wages rose 0.3% for the month and 4.1% from a year ago, both in line with estimates.
  • “Near term, equities are likely subject to some consolidation following robust first-quarter returns,” said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management. “A modest pullback would be within the normal ebb and flow of an upward-trending market.”
  • McDonald’s will buy all 225 restaurants from Israel franchise following pro-Palestinian boycott fallout.
  • Johnson & Johnson boosts heart device business with $12.5 billion Shockwave Medical deal.
  • Teladoc CEO departs the company after stock’s 95% fall from 2021 highs.

CANADA MARKET

  • Gas prices: Drone strike, OPEC+ amplify pre-summer spike at Canadian pumps.
  • Canada’s unemployment rate jumps to 6.1% in March as job growth comes to a halt.
  • Ontario pension fund preaches patience in private equity's long winter.

RELATED READING

Subscribe to Ai Financial Newsletter

Sign up for our weekly stock market update and be the first to know about our webinars.

Newsletter Subscription