Stocks Slightly Up Amid Worst Jobs Report Since Beginning of Pandemic

(New York, NY) — Stocks are at record finishes Friday, but questions remain about the overall health of the economy. The monthly jobs report fell way short of expectations as the economy lost 140-thousand jobs after being forecasted to gain 55-thousand. The escalating COVID-19 pandemic is also weighing on the minds of investors as the daily number of new cases and deaths both hit records Thursday, even as the market hit record highs this week. The Dow Jones ended the day in the green, up 57 points to finish at 31-098. The S&P gained 21 to 38-25 and the Nasdaq rose 135 to close at 13-202.

Tesla continues to skyrocket in value as it gained nearly eight-percent on the day and finished just over 880 dollars a share. The company is on an 11-day win streak and is up nearly 40-percent during that time. Tesla’s market valuation passed that of Facebook on Thursday.

Kyle Norris Copyright © 2021 TTWN Media Networks Inc.