How AI Legalese Decoder Revolutionizes Stock Market Analysis: Breaking Down Latest News on Dow, S&P, Nasdaq, Apple Buyback, and Jobs Report | May 3, 2023
- May 3, 2024
- Posted by: legaleseblogger
- Category: Related News
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Market Update: Dow Jones Surges Following April Jobs Report
The Dow Jones Industrial Average saw a significant surge of over 400 points, representing a gain of more than 1% in response to the latest April jobs report. This positive economic news may pave the way for the Federal Reserve to consider cutting interest rates in the near future.
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Dow Jones Averages.
$
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Some of the key players in today’s market rally include Amgen, Apple, and Microsoft, which are leading the gains. On the other hand, McDonald’s, Chevron, and J&J are trailing behind as laggards.
| Symbol | Price | Change | %Change |
|---|---|---|---|
| AMGN | $312.97 | 34.58 | 12.42 |
| AAPL | $185.06 | 12.03 | 6.95 |
| MCD | $270.24 | -3.04 | -1.11 |
| CVX | $158.84 | -1.90 | -1.18 |
| JNJ | $149.03 | -0.89 | -0.59 |
Aside from the Dow Jones surge, the Nasdaq Composite also experienced a notable gain of 2%, while the S&P 500 saw an increase of over 1.3%.
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