TAOP - Dow Jumps Over 200 Points; US Economy Adds 187000 Jobs In August | Benzinga
U.S. stocks traded higher this morning, following the release of jobs data.
Following the market opening Friday, the Dow traded up 0.65% to 34,948.33 while the NASDAQ rose 0.67% to 14,128.42. The S&P 500, also rose, gaining, 0.65% to 4,537.13.
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Leading and Lagging Sectors
Energy shares jumped by 1.7% on Friday.
In trading on Friday, consumer staples shares rose by just 0.3%.
Top Headline
The U.S. economy added 187,000 jobs in August versus the downwardly revised 157,000 increase in July and compared to market expectations of 170,000. The unemployment rate increased to 3.8% in August from 3.5% in July.
Average hourly earnings for all employees on US private nonfarm payrolls increased by 0.2% to $33.82 in August following a 0.4% growth in the earlier month.
Equities Trading UP
Taoping Inc. (NASDAQ: TAOP) shares shot up 97% to $4.42 after the company reported a year-over-year increase in H1 EPS and sales results.
Shares of Edible Garden AG Incorporated (NASDAQ: EDBL) got a boost, shooting 150% to $3.22.
TRxADE HEALTH, Inc. (NASDAQ: MEDS) shares were also up, gaining 49% to $11.39.
Equities Trading DOWN
Aditxt, Inc. (NASDAQ: ADTX) shares dropped 39% to $33.50 after the company announced a $10 million ...