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A Golden Opportunity to Enter U.S. Stock Markets: 5 Top Picks [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
The S&P 500 slid 4.2% and the Nasdaq Composite tumbled 4.4%. All three major stock indexes terminated a five-month winning streak. April is historically known as being favorable to Wall Street investors. We believe, April's meltdown is nothing but a bull market correction and this time a welcome one. After a disappointing month, May opens a golden opportunity to enter the equity market for those investors suffering from the FOMO (fear of missing out) syndrome. Finally, recently released economic data boosted market participants' confidence in equities. Resilient Labor Market Shows Signs of Softness The Department of Labor reported that the U.S. economy added 175,000 jobs in April, missing the consensus estimate of 200,000. Job additions in March were revised upward by 12,000 while those of February were revised downward by 34,000. The unemployment rate increased to 3.9% in April, compared with the consensus estimate and March's data of 3.8%. April marked the highest level sinc
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