|Day's Range||26,836.80 - 27,338.30|
|52 Week Range||18,213.65 - 29,568.57|
PowerSchool is an online leading provider of K-12 education. PowerSchool CEO Hardeep Gulati joins Yahoo Finance’s On The Move panel to break down how kids have adapted to learning online amid the COVID-19 pandemic.
Technology solution provider Finastra has helped process more than 86,000 PPP loans since the coronavirus outbreak. Finastra CEO Simon Paris joins Yahoo Finance’s On The Move panel to address how the company is processing PPP to support financial institutions.
AstraZeneca could supply 2 billion doses of a potential COVID-19 vaccine. Yahoo Finance’s Anjalee Khemlani breaks down the latest developments on the coronavirus crisis.
Matt Luzzetti, Deutsche Bank Chief U.S. Economist joins Yahoo Finance's Alexis Christoforous and Brian Sozzi to break down the May jobs report.
On Thursday, stocks ended mostly lower, with the Dow Jones Industrial Average eeking out its fourth straight daily gain ahead of May jobs report. In the S&P 500, the financials and industrials sectors led advances, and tech stocks held steady after paring some of their recent weeks’ worth of strong gains the prior session.
Yahoo Finance's Jared Blikre joins Myles Udland to break down the day's price action in stocks as well as a long in Microchip (MCHP), a Yahoo Finance Premium Investment Idea.
Yahoo Finance’s Dan Howley joins Kristin Myers to discuss how Apple is tracking iPhones that were stolen from its stores amid looting and civil unrest across the country.
Cato Institute Senior Fellow Walter Olson joins Yahoo Finance’s Zack Guzman to discuss how some lawmakers are beginning to make a bipartisan push to stop police access to military-style equipment.
Protests over racial injustice and police brutality continue to spread across the country, leaving employees to question their bosses actions against Trump and the black lives matter movement. Yahoo Finance’s On The Move panel discusses.
The stock market continued its remarkable rally on Friday, thanks to a blowout jobs report and general optimism about the economic recovery as states continue to reopen. The financial sector was one of the market's strongest performers, and big bank stocks in particular were having a strong day. Citigroup (NYSE: C) was leading the group with an 8% gain, while Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC), and U.S. Bancorp (NYSE: USB) were all up by more than 6%.
On Friday, the U.S. Labor Department reported an increase in nonfarm payrolls of 2.5 million for the month of May, nowhere close to the decline of 8 million jobs that economists were expecting. The unemployment rate was also far better than expected, coming in at 13.3% in May. That's down from 14.7% in April, and well below forecasts calling for an unemployment rate of nearly 20%. The surprise gain in jobs sent the Dow Jones Industrial Average (DJINDICES: ^DJI) flying on Friday.
Stocks spiked on Friday after data showed the coronavirus-stricken U.S. economy unexpectedly added jobs in May.
Benchmarks closed mixed on Thursday, as investors struggled with poor jobs data and a selloff among tech shares.
The May jobs report showed an unexpected rise in the number of non-farm payrolls in the economy and a drop in the unemployment rate from April.
Top news and what to watch in the markets on Friday, June 5, 2020.
U.S. stocks are set to open higher Friday, continuing the recent bullish rally ahead of the release of the official monthly employment report. At 7 AM ET (1100 GMT), S&P 500 Futures traded 24 points, or 0.8%, higher, Nasdaq Futures up 32 points, or 0.3%. The Dow Futures contract rose 307 points, or 1.2%.
Shares of ZoomInfo (ZI) surged more than 70% on its market debut on the Nasdaq on Thursday, the first technology IPO since the global pandemic.
Knowing what industries are hiring will give investors insight into what sectors of the stock market could recover factor.
An unexpected jump in U.S. employment sent world equities surging on hopes that the global economy has started to recover from the coronavirus pandemic, pulling investors out of perceived safe havens like government bonds and gold. U.S. nonfarm payrolls rose by 2.509 million jobs last month after a record plunge of 20.687 million in April. The index is now down 4.5% for the year to date and trading at its highest level since early March, before the U.S. economy went into lockdown in an effort to slow the spread of the novel coronavirus.
As the S&P 500 (^GSPC) hovers around 40% from its March 23rd low, one veteran strategist is reminded of the massive rally that took place when the markets were emerging from the financial crisis 11 years ago.
Stocks struggled to cobble together a fifth straight day of gains as data showed new unemployment claims totaled another 1.877 million last week.
A major airline is ramping up flights for the summer as demand returns, and Intel's new midrange PC chip gets a positive review.