US stocks rose on Thursday as investors digested a stronger-than-expected monthly employment report amid a growing number of new cases of coronavirus. The US financial markets will be closed on Friday and the bond market will close an hour earlier at 2 pm ET on Thursday, and the Independence Day …
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CNBC’s Jim Cramer said Thursday that massive job gains in June indicate confidence in the United States economy despite the coronavirus pandemic. “There is an optimism in the country that I think is often not shared with people on the air, and that is just because we don’t see the …
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Hope for the COVID-19 vaccine and optimism ahead of employment data are boosting stocks as a long holiday weekend of July 4 awaits US investors. But as cities and businesses roll back reopens, some suggest caution with June payrolls (weekly jobless figures are coming, too). Christopher Dembik, head of macroeconomic …
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Although the Dow Jones Industrial Average lagged behind with a modest loss on Wednesday, all three major indices are on track for sizable weekly gains. The S&P 500, Dow and Nasdaq Composite are up 3.5%, 2.8% and 4%, respectively, since Friday’s close. US markets will be closed on Friday for …
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Shares in the Asia Pacific rose during Thursday’s trading session, following positive news overnight about the development of a possible coronavirus vaccine. The Hong Kong Hang Seng Index led gains among the region’s major markets, rising 2.25%, from its last hour of trading. Shares of Chinese internet giant Tencent soared …
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