{"id":1099,"date":"2024-04-06T06:15:41","date_gmt":"2024-04-05T22:15:41","guid":{"rendered":"https:\/\/applelatest.com\/uncategorized\/1099.html"},"modified":"2024-04-06T06:15:41","modified_gmt":"2024-04-05T22:15:41","slug":"%e4%bb%8a%e6%97%a5%e8%82%a1%e5%b8%82%ef%bc%9a%e7%81%ab%e7%86%b1%e7%9a%84%e5%b0%b1%e6%a5%ad%e5%a0%b1%e5%91%8a%e5%87%b8%e9%a1%af%e7%b6%93%e6%bf%9f%e5%af%a6%e5%8a%9b%ef%bc%8c%e7%be%8e%e8%82%a1%e4%b8%8a","status":"publish","type":"post","link":"https:\/\/applelatest.com\/en\/stocks\/1099.html","title":{"rendered":"STOCK MARKET TODAY: U.S. Stocks Rise as Fiery Jobs Report Highlights Strength of Economy"},"content":{"rendered":"
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\"8c832dd17fe1cb6aa42eea37c1688ba2\"<\/div>\n<\/div>\n<\/div>\n
Joe Rydell\/Getty Images<\/span><\/figcaption><\/div>\n<\/figure>\n
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    On Friday, U.S. stocks rose after the release of a strong March jobs report.<\/strong><\/p>\n<\/li>\n

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    The U.S. economy added 303,000 jobs last month, far exceeding economists' expectations.<\/strong><\/p>\n<\/li>\n

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    Investors are watching to see if the strong jobs report will delay the Fed's pace of rate cuts.<\/strong><\/p>\n<\/li>\n<\/ul>\n

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    U.S. stocks climbed on Friday as investors reacted to a strong March jobs report and considered whether the economy's resumption of growth would delay the Federal Reserve's plan to cut interest rates.<\/p>\n

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    <\/div>\n<\/div>\n<\/div>\n

    The U.S. economy added 303,000 jobs in March, much higher than the 212,000 jobs economists had predicted. The report helped lower the unemployment rate from 3.9% to 3.8%.<\/p>\n

    Last month's hiring was concentrated in the leisure and hospitality, government and healthcare sectors.<\/p>\n

    \"The sharp increase of 303,000 in non-employment in March supports the Fed's position that the resilience of the economy means it can take its time in cutting rates,\" said Paul Ashworth, an economist at Capital Economics.<\/p>\n

    This coincides with comments from Fed chief matron Neel Kashkari, who said yesterday that there may be no reason to cut rates at all this year.<\/p>\n

    \"If we're running very attractive interest rates, people are working, businesses are doing well, inflation is coming down, why do anything else?\" said Kashkari. Kashkari said.<\/p>\n

    Here's what the U.S. stock indexes are doing shortly after the 9:30 a.m. opening bell on Friday: <\/strong><\/p>\n

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      Standard & Poor's 500<\/strong>indices::<\/strong>5167.33 points, up 0.4%.<\/p>\n<\/li>\n

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      Dow Jones Industrial Average<\/strong>38,699.13 points, up 0.3% (102 points)<\/p>\n<\/li>\n

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      Nasdaq Resonance<\/strong>indices<\/strong>16,109.77, up 0.4 percent<\/p>\n<\/li>\n<\/ul>\n

      What else happened today? <\/strong><\/p>\n

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        A string of layoffs in Apple's research and development department suggests that chief executive Tim Cook is trying to refocus the company after the failure of its electric car project.<\/p>\n<\/li>\n

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        Bitcoin's peak will signal a turbulent six months for the stock market, according to a Wall Street strategist.<\/p>\n<\/li>\n

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        Earlier this week, the U.S. government transferred 2,000 Bitcoins from its $2 billion cryptocurrency wallet, Coinbase.<\/p>\n<\/li>\n<\/ul>\n

        In commodities, bonds and crypto-currency side noodles: <\/strong><\/p>\n

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          West Texas Kerosene Intermediate crude oil rose 0.52% to $87.04 per barrel. International benchmark Brent crude jumped 0.66% to $91.25 per barrel.<\/p>\n<\/li>\n

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          Gold jumped 0.40% to $2,315.90 an ounce.<\/p>\n<\/li>\n

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          The 10-year Treasury yield rose 6 basis points to 4.38%.<\/p>\n<\/li>\n

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          Bitcoin fell 2.25% to $66,979.<\/p>\n<\/li>\n<\/ul>\n

          Read the original article on Business Insider<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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