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05/07/2021 – Morning Note

    Home Stockbroking & Research Morning Notes 05/07/2021 – Morning Note
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    05/07/2021 – Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 5 July, 2021 | 0

    Key News Overnight:

    Wall Street scaled new highs on Friday, with the S&P closing up for a seventh straight day, after jobs data for June showed robust hiring yet persistent weakness in the labour market that will keep the Federal Reserve from raising interest rates any time soon. The Dow Jones Industrial Average rose 153 points, or 0.4%, to 34,786, the S&P 500 gained 32 points, or 0.8%, to 4,352 and the Nasdaq Composite added 117 points, or 0.8%, to 14,639.

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