Stocks rise despite disappointing jobs report
CNN
The jobs recovery may be losing steam. But the unemployment rate continued to fall, and workers are still bringing home bigger paychecks. Investors seem to be pleased by that.
Stocks were flat to slightly higher Friday morning after the US government reported that just 199,000 jobs were added in December. The Dow was up about 15 points in early trading after opening slightly lower. The S&P 500 rose 0.2%, and the Nasdaq gained 0.4%.
Although the headline jobs numbers were disappointing, the government also said that wages rose 4.7% over the past 12 months. That could bode well for consumer spending, even as it may also be raising fears that the Federal Reserve will step up plans to raise rates in order to fight inflation.
Mike Pence used to dream of following two successful Donald Trump terms with his own turn in the White House.
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President Donald Trump has said ICE agents will head to US airports tomorrow amid a partial government shutdown. Follow for live updates
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President Donald Trump said Sunday border czar Tom Homan will be in charge of deploying Immigration and Customs Enforcement agents to airports on Monday, with Homan telling CNN the agents will help with security at entrances and exits to ease the Transportation Security Administration’s workload.
Donald Trump wants us to believe that a deal with Cuba is close at hand. After this past week, I am not so sure.
President Donald Trump has said ICE agents will head to US airports tomorrow amid a partial government shutdown. Follow for live updates
President Donald Trump said Sunday border czar Tom Homan will be in charge of deploying Immigration and Customs Enforcement agents to airports on Monday, with Homan telling CNN the agents will assist with security at entrances and exits to ease TSA workload amid a partial government shutdown.
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