Equities Waver Following Last Week’s Rally
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U.S. equities closed lower as stocks failed to capitalize on the early momentum from last week's sharp rally that brought the S&P 500 out of bear market territory.
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U.S. stocks finished mixed to close out the week amid a host of earnings and economic data, including the highly anticipated July nonfarm payroll report that came in much stronger than expected.
Published 08/05/22
Published 08/05/22
U.S. equities finished mixed on the heels of yesterday's strong advance that was aided by upbeat economic and earnings data, as caution appeared to have set in ahead of tomorrow's key July labor report.
Published 08/04/22