Fri, June 6, 2025
Thu, June 5, 2025
Wed, June 4, 2025

Stock Market Today: Stocks Brush Off Weak Jobs Data


//stocks-investing.news-articles.net/content/202 .. arket-today-stocks-brush-off-weak-jobs-data.html
Published in Stocks and Investing on by Kiplinger   Print publication without navigation

The loss is a result of continued costs related to last summer's widespread software outage. Stripping out one-time expenses, CrowdStrike disclosed adjusted earnings of $184.7 million, or 73 cents per share.

The stock market showed resilience on October 4, 2023, despite weaker-than-expected U.S. job openings data, with the S&P 500 and Nasdaq gaining 0.8% and 1.4% respectively, while the Dow Jones Industrial Average rose by 0.4%. Investors appeared to look past the disappointing job figures, focusing instead on the broader economic context and potential Federal Reserve actions. The market's positive reaction was also influenced by a drop in Treasury yields, which alleviated some pressure on stocks. Additionally, specific sectors like technology saw significant gains, with companies such as Nvidia and Meta Platforms leading the charge, contributing to the overall market uplift.

Read the Full Kiplinger Article at:
[ https://www.msn.com/en-us/money/top-stocks/stock-market-today-stocks-brush-off-weak-jobs-data/ar-AA1G6JfU ]

Publication Contributing Sources