KRBP - Wall Street Breakfast: What Moved Markets
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Seeking Alpha wishes our subscribers a beautiful holiday weekend and a Happy Fourth of July! Wall Street Breakfast won't be published with markets closed on Monday, but tune back in Tuesday.The stock market applauded a jobs report on Friday that showed strong payrolls - but with enough concerns to keep the Fed reticent to taper just yet - starting the Independence Day weekend on an upbeat note. The major averages had already drifted higher before the non-farm payrolls figure and the move sealed a second-straight week of gains for all of them. The Nasdaq led, posting a weekly gain of 1.9%, followed by the S&P up 1.6% and the Dow trailing, but still up 1%. "The big, deep Covid cycle continues to recover rapidly with the
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Wall Street Breakfast: What Moved Markets