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Wall Street to Your Street
Employment still strong with 209,000 new jobs in July
August 8, 2017 | Mark Simenstad, Chief Investment Strategist
The U.S. economy continued a strong summer employment trend, adding 209,000 jobs in July following an increase of 231,000 new jobs in June (revised), according to the U.S. Department of Labor, Bureau of Labor Statistics Employment Situation report issued August 4. This marks the 82nd consecutive month of job growth.
July market recap: Financial stocks gaining strength as oil prices recover
August 1, 2017 | Gene Walden, Senior Finance Editor
After six months of declines, oil prices finally started to recover in July, carrying the S&P 500® Energy sector to its first monthly gain of 2017.
Employment jumps in June with 222,000 new jobs
July 11, 2017 | Mark Simenstad, Chief Investment Strategist
The U.S. economy bounced back in June, adding another 222,000 jobs, according to the U.S. Department of Labor, Bureau of Labor Statistics Employment Situation report issued July 7. This marks the 81st consecutive month of job growth.
Q2 market recap: Wobbly tech sector still leads market as oil keeps skidding
July 6, 2017 | Gene Walden, Senior Finance Editor
Tech stocks have experienced some rocky moments in the market recently, but the information technology sector of the S&P 500® still leads all industries in performance through the first six months of 2017. Despite a dip in June, the tech sector is up 17.23% through the first half of 2017 – well above the 9.34% total return of the S&P 500 this year.
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