NewsBreak: U.S. Stocks Struggle to Earn Gains

This post was originally published on this site
© Reuters. © Reuters. – Stocks were climbing back from early losses Thursday, a day before the Labor Department’s monthly report on payroll employment and unemployment.

  • The and the were up very slightly at 2:10 p.m. ET (19:10 GMT). The was down a bit while the index was showing a small gain. The Dow had been down as many as 87 points early in the day after gaining 147 points on Wednesday.
  • Materials, financials and techs were the strongest sectors, with consumer staples and energy the weakest. JPMorgan Chase (NYSE:), Campbell Soup (NYSE:) and RH (NYSE:), formerly Restoration Hardware, were among stocks hitting new 52-week highs.
  • Helping the market along was a bullish Labor Department report on , which fell to a seven-month low.
    • The Labor Department’s will come out at 8:30 AM ET (13:30 GMT). Analysts tracked by expect the report to show the economy added 186,000 jobs in November, up from 128,000 jobs in October and 155,00 jobs in November 2018. The is projected to hold steady at 3.6%, unchanged from October and down slightly from December 2018.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.