Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Stocks rocketed higher on Friday as fresh data revealed nonfarm payrolls surged by 254,000 in September. The unemployment rate slipped to 4.1%, defying projections that it would hold steady at 4.2%.
The S&P 500 climbed 0.22% for the week, while the Dow eked out a 0.09% gain. The Nasdaq, despite entering Friday with losses exceeding 1%, managed a 0.1% weekly rise, marking a notable turnaround.
Crude oil prices jumped again on Friday, capping off a nearly 9% weekly gain. The surge came amid heightened tensions in the Middle East, following Iran’s missile attack on Israel.
Chinese tech stocks, represented by the iShares MSCI China ETF (NASDAQ:MCHI), enjoyed another week of strong gains, driven by growing enthusiasm for domestic stimulus efforts.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.
The Bulls
“Nvidia CEO Jensen Huang Says Demand For Next-Gen Blackwell GPU Platform Insane: ‘Everyone Wants To Have The Most, And Everyone Wants To Be First,’” by Ananya Gairola, reports that Nvidia Corporation (NASDAQ:NVDA) …
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