4th Straight Weekly Gain
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S&P 500 Notches a Weekly Gain After Jobs Report
Stocks finished out the week on a strong note after a Goldilocks jobs report boosted hopes for a late-summer rate cut.The Wall Street Journal - World -
Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.The Wall Street Journal - World -
OPEC+ Likely to Extend Output Curbs Beyond 2Q, JPMorgan Says
OPEC and its allies are likely to extend their voluntary production cuts beyond the second quarter at their upcoming meeting in June, according to JPMorgan.The Wall Street Journal - World -
Sunak says results 'disappointing' but voters will 'stick with us' at general election
Labour wins by-election and string of councils from the Tories, who retain the Tees Valley mayoralty.BBC News - Top stories -
Capital-Gains Tax Hits More Home Sellers
The $500,000 exemption for home sales hasn’t changed since 1997.The Wall Street Journal - World -
Li Auto Shares Gain on Strong L6 Orders
Li Auto shares rose sharply after the Chinese electric-vehicle maker posted strong orders for its first model priced under 300,000 yuan, or the equivalent of nearly $41,452.The Wall Street Journal - World -
Brent Rooker's 2-run homer leads A's to fifth straight win, 3-1 over Marlins
Brent Rooker hit a two-run homer in the fourth inning and the Oakland Athletics beat the Miami Marlins 3-1 for their fifth straight victoryABC News - Sports - MLB -
Padres win third straight with 7-1 victory over D-backs, look forward to potential Arráez addition
Fernando Tatis Jr. and Jake Cronenworth hit back-to-back homers, Dylan Cease pitched 6 2/3 strong innings and the San Diego Padres won their third game in a row by beating the Arizona Diamondbacks 7-1 on Friday nightABC News - Sports - MLB -
Phillies 7th straight home win pushes them past Braves atop NL East
The Phillies defeated the Giants Friday night to make it seven straight home wins and three in a row overall.Yahoo Sports - Sports - MLB -
Pablo López strikes out 8 in 6 innings as Twins beat Red Sox 3-1 for 12th straight victory
Pablo López struck out eight in six strong innings, Max Kepler homered and the Minnesota Twins extended their winning streak to 12 games with a 3-1 win over the Boston Red SoxABC News - Sports - MLB -
Southern California women sweep UCLA 3-0, win fourth straight beach volleyball championship
Twin sisters Nicole and Audrey Nourse won the deciding match for a second straight season and top-ranked Southern California won its fourth straight beach volleyball championship with a 3-0 sweep over No. 2 UCLAABC News - Sports - California -
Labour hails big wins in England as Sunak holds on to Tees Valley victory
Victory in Tees Valley marked a bright spot in a grim night for the Tories, with Labour picking up councils and mayors.BBC News - Top stories -
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Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early February.MarketWatch - Business -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
Job gains were decent in April. But here’s what Biden really has to worry about.
Voters continue to say they are mostly concerned about inflation.MarketWatch - Business - Joe Biden -
GameStop’s stock skyrockets 29% to continue rally and register biggest gain in over a year
Shares of videogame retailer and original meme stock GameStop surged on no apparent news this week.MarketWatch - Business -
USC women win 4th beach volleyball title in row
Top-ranked USC won its fourth straight beach volleyball championship with a 3-0 sweep over No. 2 UCLA on Sunday.ESPN - Sports - College Football -
Edwards scores 43 points, Reid erupts in 4th to help Timberwolves beat Nuggets 106-99 in Game 1
Anthony Edwards scored a playoff career-high 43 points, Naz Reid had 14 of his 16 points in the fourth quarter and the Minnesota Timberwolves beat the defending NBA champion Denver Nuggets 106-99 in Game 1 of the second-round series Saturday nightABC News - Sports - NBA