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S&P 500, Nasdaq post biggest weekly gains since early November | Hellenic Shipping News Worldwide

S&P 500, Nasdaq post biggest weekly gains since early November U.S. stocks extended their recent rally on Friday and the S&P 500 and Nasdaq indexes scored their biggest weekly percentage gains since the U.S. elections in early November, boosted by optimism over earnings, stimulus talks and progress on vaccine rollouts. Both the Dow Jones industrial average and S&P 500 rose for a fifth straight session in their longest streak of gains since August, while the S&P 500 and Nasdaq posted record closing highs for a second day in a row. A smaller-than-expected rebound in the U.S. labor market last month highlighted the need for more government aid to shore up the economy. The Labor Department on Friday reported a 49,000 increase in nonfarm payrolls last month, but job losses in manufacturing and construction.

Alan lanczRichard changDevik jainMedha singhJoe bidenMaju samuelGamestop corpAlanb lancz associates incExchange commissionClover health investments corpLabor department onHindenburg researchDow jonesLabor departmentAssociates incDow jones industrial average

Earnings optimism boosts Wall Street

Earnings optimism boosts Wall Street UNDETERRED: Upbeat earnings reports sustained investor optimism, despite the US Department of Labor reporting job losses in the manufacturing and construction sectors Reuters US stocks on Friday extended their rally and the S&P 500 and the NASDAQ Composite indices scored their biggest weekly percentage gains since the US elections in early November last year, boosted by optimism over earnings, stimulus talks and progress on vaccine rollouts. The Dow Jones Industrial Average and S&P 500 rose for a fifth straight session in their longest streak of gains since August last year, while the S&P 500 and NASDAQ posted record closing highs for a second day in a row.

United statesAlan lanczJoe bidenGamestop corpYork stock exchangeUs department of laborAlan lancz associates incExchange commissionClover health investments corpUs department of labor onNew york stock exchangeHindenburg researchUs congressDow jones industrial averageAssociates incWall street

S&P 500, Nasdaq post biggest weekly gains since early November

4 Min Read (Reuters) - U.S. stocks extended their recent rally on Friday and the S&P 500 and Nasdaq indexes scored their biggest weekly percentage gains since the U.S. elections in early November, boosted by optimism over earnings, stimulus talks and progress on vaccine rollouts. Both the Dow Jones industrial average and S&P 500 rose for a fifth straight session in their longest streak of gains since August, while the S&P 500 and Nasdaq posted record closing highs for a second day in a row. A smaller-than-expected rebound in the U.S. labor market last month highlighted the need for more government aid to shore up the economy. The Labor Department on Friday reported a 49,000 increase in nonfarm payrolls last month, but job losses in manufacturing and construction.

Alan lanczRichard changCaroline valetkevitchDevik jainMedha singhJoe bidenMaju samuelGamestop corpAlanb lancz associates incThomson reuters trust principlesExchange commissionClover health investments corpLabor department onHindenburg researchDow jonesLabor department