General Market News
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Investors woke up to a bloody day on the markets on Black Friday, and it wasn’t because Wall Street was having a sale on stocks.
Below is a breakdown of a few sectors and their performances since 2005.
Moving from bullish to a bearish market? Who knows, but better to be cautious.
Canada adds 245,800 jobs in August versus 275,000 expected.
The U.S. Department of Labor records a further slowdown in job growth in August.
The markets started the week off with a bang as the much talked about stock splits for Tesla (NASDAQ:TSLA) and Apple (NASDAQ:AAPL) continued to make headlines.
ISM Chicago says PMI slid to 51.2 in August versus 51.0 expected and 51.9 in July.
The U.S economy in the second quarter suffered the sharpest contraction in over seven decades.
Overall it has been another green week for the major indices as the S&P 500, Dow Jones, and Nasdaq all continue to climb towards all-time high levels despite the ongoing COVID-19 pandemic.
Yesterday, S&P 500 Index reached new heights and closed at 3,443.62(+0.36%). Despite ongoing uncertainty related to COVID-19, markets are still extremely resilient.
