Month: August 2016

S&P 500 at New High After Jobs Blowout

Stocks bounced last week, ending sharply higher after a better-than-expected jobs report. For the week, the S&P 500 gained 0.43%, the Dow rose 0.60%, the NASDAQ added 1.14%, but the MSCI EAFE lost 1.41%. 1 Among last week’s major events was a shockingly good July jobs report. Last month, the economy added 255,000 new jobs, …

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