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Posted On: 11/08/2021 4:46:10 AM
Post# of 124457
GREAT WEEK LAST WEEK!
Great Work Joe!
The three major U.S. stock averages each closed at record highs Friday to cap off a winning week. The Dow rose 203.72 points, or nearly 0.6%, in its sixth-straight position day. The S&P 500 gained 0.4% for its seventh winning session in a row. The Nasdaq Composite added 0.2% to post its tenth consecutive positive session.
The rally came after the October jobs report came in better than economists had expected. U.S. payrolls added 531,000 jobs last month, according to the Labor Department. Friday’s report also revised up September and August payroll numbers.
“The economy is certainly picking up some momentum,” JPMorgan’s David Lebovitz said Friday on CNBC’s “Squawk on the Street.” “We are expecting economic growth to accelerate here into the end of 2021 and the beginning of 2022.”
Now add on the passage of the Infrastructure Bill!!!
Great Work!
#Stop the Squeal
Great Work Joe!
The three major U.S. stock averages each closed at record highs Friday to cap off a winning week. The Dow rose 203.72 points, or nearly 0.6%, in its sixth-straight position day. The S&P 500 gained 0.4% for its seventh winning session in a row. The Nasdaq Composite added 0.2% to post its tenth consecutive positive session.
The rally came after the October jobs report came in better than economists had expected. U.S. payrolls added 531,000 jobs last month, according to the Labor Department. Friday’s report also revised up September and August payroll numbers.
“The economy is certainly picking up some momentum,” JPMorgan’s David Lebovitz said Friday on CNBC’s “Squawk on the Street.” “We are expecting economic growth to accelerate here into the end of 2021 and the beginning of 2022.”
Now add on the passage of the Infrastructure Bill!!!
Great Work!
#Stop the Squeal
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