Wall Street Rallies To Its Best Day Since 2022 On Encouraging Unemployment Data; S&P Jumps 2.3%

[0311]

NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy.

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

U.S. stocks rallied to their best day since 2022 in Wall Street’s latest sharp swerve. The S&P 500 jumped 2.3% Thursday after a better-than-expected report on unemployment calmed worries about the slowing economy.

apnews.com

The S&P 500 jumped 2.3% for its best day since 2022. The Dow Jones Industrial Average rose 683 points, or 1.8%, and the Nasdaq composite climbed 2.9% as Nvidia and other Big Tech stocks helped lead the way.

Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. The number was better than economists expected.

 

[odanny]

 

[Moonglow]

Damn if MAGA ain't disappointed

 

[airplanemechanic]

Oh good, are we back up to where we were before it started to fall? Oh wait, yea it was over 41250 not long ago, now we have to be happy for it to claw back to 39.

MAGA 24. The revenge tour.

 

[Cougarbear]

NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy.

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

U.S. stocks rallied to their best day since 2022 in Wall Street’s latest sharp swerve. The S&P 500 jumped 2.3% Thursday after a better-than-expected report on unemployment calmed worries about the slowing economy.

apnews.com

The S&P 500 jumped 2.3% for its best day since 2022. The Dow Jones Industrial Average rose 683 points, or 1.8%, and the Nasdaq composite climbed 2.9% as Nvidia and other Big Tech stocks helped lead the way.

Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. The number was better than economists expected.

And, tomorrow it will fall again. The key is asset allocation. Forget about watching the market every day, month, year or even 5 years.

 

[Crepitus]

NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy.

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

U.S. stocks rallied to their best day since 2022 in Wall Street’s latest sharp swerve. The S&P 500 jumped 2.3% Thursday after a better-than-expected report on unemployment calmed worries about the slowing economy.

apnews.com

The S&P 500 jumped 2.3% for its best day since 2022. The Dow Jones Industrial Average rose 683 points, or 1.8%, and the Nasdaq composite climbed 2.9% as Nvidia and other Big Tech stocks helped lead the way.

Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. The number was better than economists expected.

Like I said when all the tRumplings were cheering for a crash: Day to day variations are meaningless in the market.

 

[1srelluc]

Still down -475 for the week.

Treading water does not money make.

 

[whitehall]

It went way down before it went up but that's a neat game you can play with statistics. Something like claiming "we only let 7,000 terrorists into the U.S. in a day when we used to let 15,000 so things are looking up".

 

[RoshawnMarkwees]

Once again, math evades the intellect of democrats.

 

[SassyIrishLass]

The cause of the fall is still out there

 

[Moonglow]

Oh good, are we back up to where we were before it started to fall? Oh wait, yea it was over 41250 not long ago, now we have to be happy for it to claw back to 39.

MAGA 24. The revenge tour.

Can't go as low as during Trump and Hoover.

 

[Cougarbear]

Like I said when all the tRumplings were cheering for a crash: Day to day variations are meaningless in the market.

When all the Camelotians are cheering for a strong capitalist stock market growth you know they are lying. Agreed that day to day, year to year are meaningless if you are well asset allocated.

 

[skews13]

Still down -475 for the week.

Treading water does not money make.

The markets still up for the year. Tech stocks got roughed up, but consumer staples and healthcare have gained even over the pullback.

JNJ, PM, KO, KNB, UHC