TSP Talk Blog

Jobs Report: +173,000, 5.1% unemployment

U.S. job growth slows, unemployment rate falls to 5.1 percent

U.S. job growth slows, unemployment rate falls to 5.1 percent | Reuters

Stocks were mixed but mostly higher on Thursday as the Dow gained 23-points. The problem with the action was that the Dow was up 199-points during early trading. The Nasdaq closed down as the big tech stocks that had been leading the bull market during the first half of the year, lagged.

They call them "FANG" for Facebook, Amazon, Netflix, and Google, and one thing that a bear market usually does is create a different group of leaders ...