STZ - Investor Sentiment Improves Following Jobs Report; US Stocks Snap 9-Week Winning Streak | Benzinga
The CNN Money Fear and Greed index showed some improvement in overall market sentiment, while the index remained in the "Greed" zone on Friday.
U.S. stocks closed higher on Friday following the release of jobs data, but all three major indices snapped a nine-week winning streak. The S&P 500 lost 1.52%, while the Dow fell 0.59% last week.
The U.S. economy added 216,000 jobs in December versus a revised 173,000 in November, and compared to market estimates of 170,000. The unemployment rate remained unchanged at 3.7% in December, compared to market estimates of 3.8%. Average hourly earnings for all employees on US private nonfarm payrolls increased by 0.4% over a month ...