XPost: alt.fan.rush-limbaugh, alt.atheism, alt.propaganda.statistics
XPost: talk.politics.guns
Stocks ended the week with a thud, closing down on Friday, as
investors pulled back after February's job report and market
powerhouse Nvidia (NVDA) had a rare off-day.
The S&P 500 (^GSPC) lost 0.7% after logging another record close
on Thursday, while the Dow Jones Industrial Average (^DJI) shed
0.2%, with losses pared by a pop in Apple (AAPL) shares. The
tech-heavy Nasdaq Composite (^IXIC) lost 1.2% after a sharp gain
the previous day. Shares of Nvidia fell more than 5% after a
record-breaking hot streak.
Friday's non-farm payrolls report showed the US economy added
275,000 jobs in February, once again zooming past Wall Street
expectations. However, the unemployment rate ticked up to 3.9%,
its first increase in four months. Futures on the three major
averages were trading in red figures ahead of the jobs data. The
report bolstered investor confidence that the Federal Reserve
will cut rates following its June meeting, but the momentum
fizzled by the end of the trading day.
https://finance.yahoo.com/news/stock-market-today-stock-rally- stalls-after-jobs-report-nvidia-sinks-5-134312027.html
The Biden administration thinks you are stupid.
Reduction In Force jobs that have been marginalized with wage
reductions because liberals are too stupid to do them, then
reintroduced as "new jobs" is not "adding jobs".
--- SoupGate-Win32 v1.05
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