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Daily Analysis: Stocks Rise on Jobs Friday as the Cryptocurrency-Boom Continues

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Daily Analysis: Stocks Rise on Jobs Friday as the Cryptocurrency-Boom Continues


This article was posted on Friday, 16:18, UTC.

Friday Market Recap Asset Current Value Daily Change S&P 500 2387 0.10% DAX 12683 0.48% WTI Crude Oil 46.06 -1.05% GOLD 1228.00 -0.12% Bitcoin 1585 1.60% EUR/USD 1.0935 0.03% The rebound in US economic numbers continued today, as the employment report showed strong gains in the number of jobs, while the Unemployment Rate ticked lower to 4.4%, and wages grew in line with expectations. The major US indices pushed slightly higher after the release, although they still underperform European and Japanese equities. The DAX hit another all-time high this morning and the Euro STOXX 50 also rose to its maximum…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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