"Strong Jobs Report Boosts Stock Market, Despite Weekly Losses"

1 min read
Source: Yahoo Finance
"Strong Jobs Report Boosts Stock Market, Despite Weekly Losses"
Photo: Yahoo Finance
TL;DR Summary

Stocks rose after a strong March jobs report, with the Dow Jones Industrial Average gaining 1% and the S&P 500 adding 1.3%. Tesla scrapped plans for a low-cost model, impacting its stock. Oil prices near $100 a barrel are raising concerns for retail stocks. An earthquake struck the East Coast, causing disruptions in air traffic. PepsiCo and Uber received positive analyst calls, while Goldman Sachs highlighted the impact of immigration on the job market.

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