Dow jumps more than 100 points as Wall Street cheers jobs report, shrugs off trade fears [CNBC]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: CNBC
show chapters Stocks rose on Friday on the back of stronger-than-expected employment data. Investors also shrugged off concerns over an escalating trade war between the U.S. and China. The Dow Jones Industrial Average jumped 132 points, with McDonald's and Microsoft outperforming. The S&P 500 traded 0.9 percent higher, with health care rising 1.4 percent. The Nasdaq composite climbed 1.3 percent as the iShares Nasdaq Biotechnology ETF (IBB) surged 3.4 percent. The U.S. economy added 213,000 jobs in June, while economists polled by Reuters expected a gain of 195,000. Unemployment, however, rose slightly to 4 percent from 3.8 percent. Wage growth also missed expectations, climbing 2.7 percent on a year-over-year basis. Economists expected growth of 2.8 percent. “I think the report is more encouraging than discouraging because it suggests we have a bit more slack in the economy than we expected,” said Bruce McCain, chief investment strategist
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- Institutional investors may overlook Prudential Financial, Inc.'s (NYSE:PRU) recent US$2.4b market cap drop as long-term gains remain positive [Yahoo! Finance]Yahoo! Finance
PRU
Earnings
- 2/6/24 - Miss
PRU
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- PRU's page on the SEC website