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That number marks its highest level in over a year and outpaced forecasts of 230,000. Here's where US indexes stood shortly after the closing bell on Thursday: S&P 500 : 5,780.05, down 0.21%
What's more, September is traditionally a challenging month for the stock market, and investors may have to brace for more volatility ahead. Here's where US indexes stood shortly after the 9:30 a ...
Historically, September has been the worst month of the year for the stock market. As shown above, during the last decade, the S&P 500 has declined by an average of 2.3% in September.
The only stock to drag more on the market was Eli Lilly, which fell 6.6% after saying it expects to report weaker revenue for the last three months of 2024 than previously forecast.
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US stocks surged after the September jobs report exceeded expectations with 254,000 jobs added. Economists predicted 150,000 jobs; unemployment fell to 4.1% from 4.2%.