Previous close | 28.96 |
Open | 42.69 |
Bid | 43.35 |
Ask | 46.40 |
Strike | 160.00 |
Expiry date | 2024-07-19 |
Day's range | 42.69 - 43.76 |
Contract range | N/A |
Volume | |
Open interest | 34 |
Earnings season is taking a rain-check on travel site Expedia Group (EXPE) after the company slashed its full-year guidance after first-quarter bookings missed estimates. Expedia's stock is tumbling on this news despite an earnings beat on the top and bottom lines, while Booking Holdings (BKNG) shares, on the other hand, are popping. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
All three of the major indexes (^DJI,^GSPC, ^IXIC) jumped after the April employment report showed the US added 175,000 jobs last month, far fewer than the 240,000 economists had been predicting. The unemployment rate ticked higher to 3.9% and average hourly earnings rose less than expected. Investors are also still digesting earnings from the likes of Apple (AAPL), Cloudflare (NET), Block (SQ), and Expedia Group (EXPE). Other trending tickers on Yahoo Finance include Toronto-Dominion Bank (TD.TO, TD), Amgen (AMGN), and GameStop (GME). Top guests today include: 3:05 p.m. ET - Ed Yardeni, Yardeni Research President 3:15 p.m. ET - Blerina Uruci, T. Rowe Price Chief US Economist 3:35 p.m. ET - Doug Creutz, TD Cowen Managing Director TMT - Media & Entertainment 3:50 p.m. ET - Danilo Gargiulo, Bernstein Senior Analyst, US Restaurants and Dennis Geiger, UBS Executive Director, Equity Research 4:05 p.m. ET - Scott Krisiloff, The Transcript Editor
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. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement. All three indexes notched 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.