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0 0.0017210606833249 0.00280469148393675 0.00822284548699656 0.0130991840897502 0.00618306986231514 0.00363335033146368 0.00235849056603776
Stock impact report

Stocks Fall on Mixed Jobs Report, Omicron Fears [TheStreet.com]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: TheStreet.com
Stocks were falling Friday, pulled down by a weaker-than-expected jobs report and concerns about the Omicron Covid-19 variant. The Dow Jones Industrial Average fell 224 points, or 0.65%, to 34,415, while the S&P 500 lost 1.33%, and the tech-heavy Nasdaq dropped 2.56% at last check. The Bureau of Labor Statistics reported that total nonfarm payroll employment rose 210,000 in November while the unemployment rate fell 0.4 percentage point to 4.2%. Economists surveyed by Dow Jones had expected 573,000 jobs. The unemployment fell to 4.2%, better than the 4.5% estimate. "Yes, the headline number was disappointing but there were a number of positives with this jobs report," said Lawrence Gillum, fixed income strategist for LPL Financial. "Labor force participation increased, and the unemployment rate fell- both of which point to a continued strong jobs market." Gillum also noted that, importantly, the unemployment rate for minorities and women fell meaningfully over the month, "which m Show less Read more
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