The continued job creation in 2019 - on the heels of payroll gains every year since 2010 - would help bolster the Federal Reserve's view that monetary policy doesn't need to be eased further as the US economy is continuing to grow. Captrust Financial Advisors now owns 2,091 shares of the exchange traded fund's stock worth $557,000 after buying an additional 1,002 shares during the period. The S&P 500 took on 0.9%, and NASDAQ climbed 1.8% for the week.
Stocks fell on Friday, reversing from an all-time high of 29,000 at the end of a volatile week full of geopolitical concerns.
Frank Cappelleri, the executive director at Instinet, said this week's moves voided a "potential bearish pattern" in the S&P 500, noting his upside target of 3,530 remains in play.
Australian Bushfires May Have Killed Marsupial Species
On Friday night with the fire approaching, Dana fled with their 18-month-old son, Connor, while Sam stayed behind to defend the park and their dream.
"The stock market has a lot of momentum going for it", Liz Ann Sonders, chief investment strategist at Charles Schwab, told the Wall Street Journal. Many will also give forecasts for 2020. The pace helped keep the jobless rate at a near half-century low of 3.5% while average hourly earnings was up 0.1% last month. That's the weakest growth since July 2018.
The employment numbers were also not enough to affect the outlook that the Federal Reserve would hold interest rates where they are now for the year ahead. Markets see low rates as fuel for markets, and the Fed's three rate cuts past year were a big reason for the surge in stocks. This represents a $10.39 dividend on an annualized basis and a yield of 3.60%. Treasury yields fall when their prices rise.
"The employment rate is still below what it was before the financial crisis", Florian Hense, an economist at Berenberg Bank, told the WSJ. It also said it expects to report a drop in revenue for the latest quarter.
Matthews and Nylander led Maple Leafs 4-1 against Wild
The New York Islanders go to Toronto , Ontario, Canada, to take on the Toronto Maple Leafs on Saturday at the Scotiabank Arena. Nylander's 18th goal of the season at 3:24 of the first period gave him at least one goal in each of his past five games.
Healthcare stocks rose 0.4%, led by Intuitive Surgical Inc, which reported a better-than-expected quarterly sales. Germany's DAX lost 0.1 percent.
In other commodities trading, benchmark US crude slipped 5 cents to settle at $59.56 a barrel. Brent crude, the global standard, fell 39 cents to $64.98 a barrel.
Diminishing worries about a U.S. -Iran war put more of the market's focus on the economy, corporate profits and other inputs that directly affect stock prices. The euro rose to $1.1122 from $1.1106.
Fallon Sherrock earns place in all 2020 World Series of Darts events
Fallon Sherrock was glad to have "helped darts " after her PDC World Championship campaign came to an end on Friday. In the third round, Sherrock will face the number 22 seed Chris Dobey .