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US STOCKS-Wall St ends sharply higher, US jobs data strengthens case for rate cuts [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Expedia tumbles after cutting revenue growth forecast (Updates to market close) By Stephen Culp NEW YORK, May 3 (Reuters) - Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience. All three major U.S. stock posted robust gains. The tech-heavy Nasdaq led the pack with an assist from Apple shares following the iPhone maker's record share buyback announcement. All three indexes were on track for their second straight Friday-to-Friday gains, capping a week in which markets were encouraged by Fed Chair Jerome Powell's more dovish-than-expected statements following Wednesday's rate decision. The Labor Department's employment report showed the U.S. economy added fewer jobs than expected, while the unemployment rate ticked higher and wage growth unexpectedly cooled. The report likely hit the sweet spot for the Fed, offering sign
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