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The Daily
Dow soars over 300 points as Wall Street shrugs off dismal jobs report
Wall Street’s major indexes climbed on Friday, rebounding from the previous day’s sell-off as Amazon’s strong earnings countered a significant drop in US job growth in October.
In afternoon trading, the Dow Jones Industrial Average was up 339 points, or 0.8%, at 42,102. The blue chip-index had gained more than 500 points.
» Read more about: Dow soars over 300 points as Wall Street shrugs off dismal jobs report »
Australia to invest $12bn in missile manufacturing amid China’s rise
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» Read more about: Australia to invest $12bn in missile manufacturing amid China’s rise »
A Donald Trump win could trigger a global trade war – with no winners
The biggest economic threat may be yet to come: Donald Trump-imposed tariffs that would add a second front, the United States, to the EU’s trade battles. The Republican presidential candidate dances as he concludes his remarks during a campaign event at Dane Manufacturing in Waunakee,
» Read more about: A Donald Trump win could trigger a global trade war – with no winners »
Perplexity AI predicts Nvidia stock price amid SMCI turmoil
As Nvidia (NASDAQ: NVDA) navigates the turbulence caused by Super Micro Computer Inc. (NASDAQ: SMCI)’s recent crisis, Perplexity AI has weighed in with predictions on the chipmaker’s stock price. The AI platform analyzed current market conditions, offering both bullish and bearish scenarios for Nvidia’s future amid the unfolding SMCI turmoil.
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The Rotation Out Of Technology Should Come As No Surprise
Lawrence Fuller has been managing portfolios for individual investors for 30 years,
» Read more about: The Rotation Out Of Technology Should Come As No Surprise »
How One Investor Made Retirement Happen With $61,600 In Annual Dividends
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Dividend investing is an approach to building wealth over the long term. By investing in companies that consistently pay dividends to their shareholders, investors can benefit from a steady stream of income while potentially growing their principal investment.
» Read more about: How One Investor Made Retirement Happen With $61,600 In Annual Dividends »
Kings' Investment in Alex Turcotte Showing Dividends
There is no question that the Kings’ season has been a head scratcher so far. However, they are in remarkably good shape record-wise to start the year. They are a curious 6-3-2, standing one win away from taking the lead back in the division from the Vegas Golden Knights.
Speaking of the Knights,
» Read more about: Kings' Investment in Alex Turcotte Showing Dividends »
US economy added 12K jobs in October, well below economists' expectations
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FOX Business’ Stuart Varney examined why most Americans are unhappy with their financial position as the U.S. economy thrives.
U.S. job growth slowed down in October, coming in well short of economists’ expectations, while the unemployment rate was unchanged.
The Labor Department on Friday reported that employers added 12,000 jobs in October,
» Read more about: US economy added 12K jobs in October, well below economists' expectations »
US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
By PAUL WISEMAN
WASHINGTON — America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls. The report provided a somewhat blurry view of the job market at the end of a presidential race that has pivoted heavily on voters’ feelings about the economy.