Morning Report 7 Nov 22: US sharemarkets posted firm gains on Friday
CommSec

Morning Report 7 Nov 22: US sharemarkets posted firm gains on Friday

2022-11-07
A mixed jobs report raised hopes that the Federal Reserve could scale back future rate hikes. At the close of trade, the Dow Jones index was up 402 points or 1.3%. The S&P 500 index rose by 1.4% and the Nasdaq index lifted by 132 points or 1.3%. Over the week, the Dow lost 1.4%; the S&P 500 lost 3.3%; and the Nasdaq lost 5.6%. This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a wholly owned but...
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