Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
All three major indexes declined for the week, with the Dow Jones Industrial Average, which is tracked by the SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA), snapping a three-week winning streak, falling 0.54%, while the S&P 500 Index, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), lost 0.24%, and the Nasdaq-100 Index, tracked by the Invesco QQQ Trust (NASDAQ:QQQ), dropped 0.53%.
January’s jobs report showed mixed signals, as nonfarm payrolls rose by 143,000—well below December’s 307,000—while unemployment edged lower and wages exceeded expectations.
The University of Michigan’s consumer sentiment index unexpectedly fell in February, citing rising inflation expectations, which the report linked to concerns over higher Trump-era tariffs.
Gold, tracked by the SPDR Gold Trust (NYSE:GLD), surged past $2,850 per ounce to new all-time highs, extending its six-week rally as investors sought safety amid inflation fears and economic uncertainty.
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
Full story available on Benzinga.com