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Dow Slips From Record High as Stock Market Takes a Breather
Barrons· 2026-01-07 15:03
The S&P 500 was up 0.1%. The Dow was down 109 points, or 0.2%, after opening higher. Both finished Tuesday's sessions at closing highs. The Nasdaq Composite was up 0.1%. Earlier in the morning, ADP's National Employment Report said the U.S. added 41,000 private sector jobs in December. That was above economists' expectations at 25,000, according to FactSet. November's figure was revised to a decline of 29,000. With the S&P 500 and Dow Jones Industrial Average hovering around highest levels on record, the st ...
US Labor Secretary Says Fed Needs to Cut Despite 'Solid' Jobs Data
Bloomberg Television· 2025-11-20 15:29
Let me first ask you about the headline number. It was a blowout. We were only expecting 51,000 in our survey and far more than double.That is what we got. How strong is this economy. 119,000 new jobs.I think that is a solid report for the American people and for the workforce. We have seen over and over again, you know, that we want to have these gains. And it's those investments by this administration and this president.I think that's what you're seeing come online. So this was a solid report for these Se ...