Wall Street Breakfast: What Moved Markets This Week2

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Stocks finished the week withdrawing slightly from record highs after Wednesday's pre-holiday melt-up. That followed an employment report where the U.S. economy added 224,000 jobs in June -- a mark that topped the consensus expectation of economists for 160,000 job adds, and could dampen the expectation for an FOMC rate cut amid the trade-bruised global economy. For the week, the Dow gained 1.2% to land at 26,922, and the S&P 500 finished up 1.7% to hit 2,990. Nasdaq rose 1.9% during the week to end at 8,162.

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https://seekingalpha.com/article/4273665-wall-street-breakfast-moved-markets-week?source=feed_all_articles

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