Examining Employment
Domestic indexes posted strong results on Friday, May 4, as the latest labor report data lessened investors' concerns abou t inflation and interest rates. Nonetheless, stocks had mixed results last week. [1]The S&P 500 dropped 0.24% and the Dow gave back 0.20%, which marked both indexes' 2 nd week of losses in a row. [2] Thanks to a bounce in tech stocks, however, the NASDAQ gained 1.26%. [3] International stocks in the MSCI EAFE decreased by 0.57%. [4]