Tech Stays Strong Despite Overall Pullback

July 6, 2021 By: adminbackup

The stock market was mostly higher on Friday following the June jobs report with another round of record highs for Tech and the broader market. Specifically, non-farm payrolls rose by 850,000, the sixth-straight monthly gain, versus forecasts for a print of 720,000. The unemployment rate, however, unexpectedly ticked up to 5.9% versus expectations for a dip to 5.6%. The small-caps failed to show...

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Oil prices jump to multiyear highs after OPEC+ talks yield no production deal

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Jobs Reports Fuels Continued Momentum

July 4, 2021 By: adminbackup

The stock market was mostly higher on Friday following the June jobs report with another round of record highs for Tech and the broader market. Specifically, non-farm payrolls rose by 850,000, the sixth-straight monthly gain, versus forecasts for a print of 720,000. The unemployment rate, however, unexpectedly ticked up to 5.9% versus expectations for a dip to 5.6%. The small-caps failed to show...

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Toyota tops GM sales in the U.S., expected to be America’s best-selling automaker

July 2, 2021 By: adminbackup

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S&P 500 Up Six-Straight Sessions

July 1, 2021 By: adminbackup

The stock market showed continued strength on Thursday and the start of the third-quarter with the broader market hitting a fresh record high. Better-than-expected economic news and the approval of a $715 billion transportation package fueled sentiment. Initial jobless claims posted another post-pandemic low after falling 51,000 to 364,000 versus forecasts for a print of 395,000. Meanwhile,...

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Robinhood to pay $70 million fine after causing ‘widespread and significant harm’ to customers

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