Major U.S. stock-indexes recouped early losses on Friday, helped by healthcare stocks, as investors assessed data pointing to a strong recovery in the U.S. economy. Gains were limited by a nearly 4 percent fall in crude prices amid increasing skepticism around a deal to freeze crude production. The Labor Department's report showed solid gains in nonfarm payrolls in March, underscoring the economy's resilience amid risks from a weak global economy. While the unemployment rate rose to 5% from an eight-year low of 4.9%, it was because more Americans continued to return to the labor force. A separate report showed the U.S. manufacturing sector resumed growth in March, bolstered by strength in new orders.
Most of Dow stocks in positive area (17 of 30). Top looser - Chevron Corporation (CVX, -1,25%). Top gainer - The Goldman Sachs Group, Inc. (GS, +1,26%).
Most of S&P sectors in negative area. Top looser - Basic Materials (-1,6%). Top gainer - Healthcare (+0,6%).
At the moment:
Dow 17631.00 +36.00 +0.20%
S&P 500 2053.75 +2.25 +0.11%
Nasdaq 100 4498.75 +22.50 +0.50%
Oil 36.99 -1.35 -3.52%
Gold 1217.30 -18.30 -1.48%
U.S. 10yr 1.78 -0.01