U.S. stocks were up on Friday as investors weighed tariff policies against signs of economic relief. As the day ended in New York, the S&P 500 added 0.5%, while the Nasdaq $NDAQ 100 popped up 0.7%. The Dow Jones Industrial Average advanced 0.5%.
The most recent job report is disappointing, with weaker-than-expected results, and the unemployment rate is up
U.S. stocks were up on Friday as investors weighed tariff policies against signs of economic relief. As the day ended in New York, the S&P 500 added 0.5%, while the Nasdaq $NDAQ 100 popped up 0.7%. The Dow Jones Industrial Average advanced 0.5%.
Meanwhile, February’s jobs report came in weaker than expected. Nonfarm payrolls rose by a seasonally adjusted 151,000, an improvement from January’s downwardly revised 125,000 but below the projected 170,000. The unemployment rate ticked up to 4.1%.
Here are stocks to watch today:
Hewlett Packard Enterprise (HPE) shares fell 11%, hitting a new 52-week low, as the global edge-to-cloud company issued weak guidance and initiated cost-cutting measures.
Walgreens $WBA (WBA) shares rose 7% on Friday as the company agreed to a $10 billion acquisition by Sycamore Partners, marking a shift to a privately held company. Sycamore will purchase Walgreens for $11.45 per share in cash.
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