Tag Archives: jobs report

Your Weekly Blip 12/4/20

Stocks were higher to close the trading week with the Dow gaining 248 points to close at 30,218. Trading volume was lower and for the week the Dow gained about 1% and closed at an all-time high. I am old enough to remember the days of the 80’s when brokers were cheering “Dow 3,000”. Today’s…
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Your Weekly Market Blip 2/7/20

Stocks pulled back after a 4 day rally. A blowout labor report was not enough to overcome Chinese coronavirus fears. At the close the Dow was off 277 points at 29,102. Trading volume was off. We seem to be developing a pattern where investors take money off the table on Friday to mitigate weekend risk.…
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Your Weekly Market Blip 12/6/19

Stocks rocketed higher thanks to a much stronger than expected labor report. The Dow reemerged above the 28,000 mark, gaining 337 points on the day and closing the week at 28,015. The November jobs report was a hit, with a solid rise in payrolls, another drop in the unemployment rate, and decent growth in hourly…
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Your Weekly Market Blip 10/4/19

The September jobs report this morning was generally positive. 136,000 jobs were created which missed estimates by a narrow margin, but the unemployment rate came in at 3.5% which was the lowest reading since 1969 and better than estimates calling for a 3.7% reading. Wage growth was tepid at a 2.9% annualized rate and the…
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