Stocks

Dow, Nasdaq, S&P 500 rebound despite early losses

1 Mins read

© Reuters.

NEW YORK – U.S. stock indexes managed to recover from initial dips to close higher today, with the ending at 37,490.36, the at 14,546.77, and the at 4,701.05. Despite futures pointing to declines earlier in the day, all three major indexes corrected upwards by market close.

The markets’ rebound came alongside the release of U.S. labor data that showed the economy added 216,000 jobs in December, maintaining the unemployment rate at a steady 3.7%. This jobs growth indicates continued resilience in the U.S. job market amidst economic uncertainties.

The performance of the U.S. markets, coupled with the employment data, suggests a cautiously optimistic outlook among investors regarding the strength of the American economy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Read the full article here

Related posts
Stocks

NVIDIA launches 800Gb/s networking platforms for AI By Investing.com

2 Mins read
SAN JOSE, Calif. – NVIDIA (NASDAQ:) has unveiled its latest networking platforms, the Quantum-X800 InfiniBand and Spectrum-X800 Ethernet, which are the first…
Stocks

Upexi CEO buys $44.7k in company stock By Investing.com

2 Mins read
In a recent move, Allan Marshall, the Chief Executive Officer of UPEXI, Inc. (NASDAQ:UPXI), a company specializing in medicinal chemicals and botanical…
Stocks

Apple dominates buybacks as S&P 500 share repurchases jump by nearly fifth in Q4 By Investing.com

2 Mins read
Investing.com — Stock buybacks among companies climbed by nearly a fifth in the fourth quarter from the prior quarter, with Apple leading…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *