Dow Hits Fresh Record Despite Tepid Jobs Report
3 Articles
3 Articles
Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares – PR informa
The Dow rose more than 1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The S&P 500 ended flat on the day. The Dow recorded a fourth straight week of gains, its longest such streak since October 2024. The U.S. market will be closed on Friday in observance of the U.S…
Dow hits fresh record despite tepid jobs report
The Dow's rise amid weak job growth suggests investor confidence in large-cap stocks, potentially delaying Fed rate hikes and impacting tech sectors. The post Dow hits fresh record despite tepid jobs report appeared first on Crypto Briefing.

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