S&P Sectors This Week
The markets went out with a bang on Friday. A good bang, though, and perhaps even a puzzling bang that gave some investors hope. On the other hand, Friday's jobs report revealed some economic weakness that continues to trouble the financial situation. The volatile Dow Jones Industrial Average gained 1.23% after a 200 point loss upon opening with news of a weaker gain in the labor market. Those numbers, an addition of 142,000 new jobs in September, failed to meet the expectations of various economists who projected a gain of around 200,000. The Global Dow saw the same gains at 1.22% with the increased probability of low to zero interest rates. Some particularly bearish analysts are citing the possibility of NIRP or Negative Interest Rate Policy. While I do not see this happening, the significant gains seen on Friday show that Wall Street is willing to bet on another few months of easy money conditions. Asian and European markets also gained with the Stoxx 600 up 0.47% and the ...