Charlie Pellett
👤 SpeakerAppearances Over Time
Podcast Appearances
For the week, the Dow was up 2.3%, while the Nasdaq Composite Index was up 1.9%.
In New York, Charlie Pellett, Bloomberg Radio.
Stocks wrapped up the first full trading week of the new year with a 1.6% advance for the S&P 500 Index.
It is the third weekly gain in four weeks.
Small cap shares also advanced with the Russell 2000 Index climbing to a record as the rally broadened beyond just big tech names.
The jobs report reinforced Wall Street's bets that the Fed will leave rates on hold for the near term.
For the week, the Dow was up 2.3%, while the Nasdaq Composite Index was up 1.9%.
In New York, Charlie Pellett, Bloomberg Radio.
Stocks wrapped up the first full trading week of the new year with a 1.6% advance for the S&P 500 index.
It is the third weekly gain in four weeks.
Small cap shares also advanced, with the Russell 2000 index climbing to a record as the rally broadened beyond just big tech names.
The jobs report reinforced Wall Street's bets that the Fed will leave rates on hold for the near term.
For the week, the Dow was up 2.3%, while the Nasdaq Composite Index was up 1.9%.
In New York, Charlie Pellett, Bloomberg Radio.
The president is casting this as his latest effort to bring down housing costs ahead of the November midterm election.
Trump announced the move in a social media post, which was unclear on how the buys would occur or which parties would make them.
On Wednesday, the president said he'll be moving to ban institutional investors from buying single-family homes.
In New York, Charlie Pellett, Bloomberg Radio.
The S&P 500 index saw its fourth month of gains in August.
For the week, the S&P 500 index fell one-tenth of one percent.