Weekly Preview: Earnings to Watch This Week (BIDU, COIN, DIS, NIO)
A better-than-expected jobs report was not enough to excite the market on Friday. The three major averages ended the day mixed, with the S&P 500 posting a gain of 0.13 percent, the Nasdaq Composite Index gaining 0.08 percent, and the Dow Jones Industrial Average falling by 0.08 percent. The US Department of Labor reported that the country’s economy added 528,000 jobs in July, which exceeded analyst expectations. In addition, the number of jobs created in June also exceeded the previous month’s. The US’ unemployment rate fell to 3.5%, which is its lowest level since the Great Depression. It was also lower than the 3.6% thatRead More →