[unable to retrieve full-text content]Stocks enter shortened trading week near record highs: What to know this week Yahoo Finance Source link
Read More »Stocks enter shortened trading week near record highs: What to know this week – Yahoo Finance
What to know this shortened week
The stock market is poised for more turbulence this week when investors return to Wall Street on Tuesday for a holiday-shortened trading week. U.S. markets will be closed on Monday in observance of Labor Day. All three major averages slid late in Friday’s session to cap a third-straight week of losses after data from the Labor Department showed nonfarm payrolls grew by 315,000 last month while the unemployment rate rose to 3.7%. In the coming week, Federal Reserve Chair Jerome Powell will… Source link
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