Stocks Climb as S&P 500, Dow Hit Records. Technology and other growth stocks jumped and government-bond yields climbed back after disappointing jobs data suggested a potential slowdown in the pace of the economic recovery. Employers Added 266,000 Jobs in April as Hiring Slowed.
U.S. Treasury yields rebounded
after hitting two-month lows on Friday following data that
showed a much smaller-than-expected jobs gain in April, with
yields on longer-dated debt rising for the ...
The Canadian dollar was little
changed against the greenback on Friday as jobs data for both
Canada and the United States fell short of estimates, with the
loonie holding near its strongest level in ...
Tech Stocks Climb on Waning Rate Worries. Technology and other growth stocks jumped and government-bond yields edged lower after disappointing jobs data suggested a potential slowdown in the pace of the economic recovery. Don't Freak Out About Jobs.
U.S. Treasury yields fell to
two-month lows on Friday after data showed a much
smaller-than-expected jobs gain in April, but later bounced
higher, with yields on longer-dated debt rising for the ...
Tech Stocks Climb on Waning Rate Worries. Technology and other growth stocks jumped and government-bond yields edged lower after disappointing jobs data suggested a potential slowdown in the pace of the economic recovery. Don't Freak Out About Jobs.
A lackluster monthly jobs report sparked a rebound in technology shares and other growth stocks Friday while triggering a decline in government-bond yields. The Nasdaq Composite added 1.3%, outpacing its peers. The S&P 500 ticked up 0.7%, a day after the broad-market index closed near its all-time high.
Canada's main stock index rose on Friday, boosted by material stocks after gold prices gained, although a fall in energy stocks limited gains. * Gold prices extended gains after breaching the key $1,800 level in the previous session, boosted by a weaker dollar and lower Treasury yields.
U.S. government bond yields swung sharply Friday after a disappointing jobs report caught traders off guard but didn't fundamentally change Wall Street's mostly optimistic outlook on the economic recovery. The yield on the benchmark 10- year U.S. Treasury note fell as low as 1.487%, according to Tradeweb, compared with roughly 1.570% just before the report was released and 1.561% Thursday.
Technology and other growth stocks jumped and government-bond yields declined after disappointing jobs data suggested a potential slowdown in the pace of the economic recovery. The Nasdaq Composite added 1% shortly after the opening bell, outpacing its peers. The S&P 500 ticked up 0.5%, a day after the broad-market index closed near its all-time high.
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