United States (US) stocks finished an overall strong week somberly on Friday, as the unexpectedly positive July jobs report was offset by the lack of a fifth COVID-19 fiscal stimulus bill and rising tensions between the United States and China.
Global stock markets delivered mixed results for the week. The S&P 500 and NASDAQ Composite advanced, boosted by earnings of big technology companies; the Dow Jones Industrial Average declined.
U.S. stocks notched gains for the week as investors brushed aside concerns about the economic impact of rising coronavirus cases.
U.S. stocks notched gains for the week as investors brushed aside coronavirus concerns. Market resilience appeared to rest on expectations the U.S. Federal Reserve will step up support if the economy slows again.
U.S. stocks posted solid gains in a holiday-shortened week; most overseas markets finished in the black.
U.S. stocks posted solid gains in a holiday-shortened week; most overseas markets finished in the black. Positive June employment data helped optimism counterbalance simmering U.S.-China tensions and Covid-19 reacceleration.
U.S. stocks fell for the week as coronavirus cases surged; upbeat economic data somewhat countered the pandemic narrative but couldn’t quell rising volatility.
Stocks pulled back across the globe, breaking a three-week string of gains. Among the factors blamed were the disconnect between the market rally and the macroeconomic backdrop and an uptick in coronavirus infections.
U.S. equities posted a third straight week of strong gains as volatility eased; global markets also rallied
U.S. equities posted a third straight week of strong gains. Beside a surprisingly strong U.S. jobs report, the biggest tailwind was massive fiscal and monetary stimulus; investors also focused on upticks in monthly economic data.