China said it will some tariffs on U.S. soybean and pork imports
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| | 12/06/2019 | |
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Dow Futures Get Big Lift From Blowout Jobs Report | By Patrick Martin | | Stock futures are pointed confidently higher to end the week, as Wall Street reacts to a blowout jobs report. The Labor Department said the U.S. added 266,000 jobs in November -- handily toppling estimates for 187,000 new positions -- while the unemployment rate dipped to 3.5%. Dow Jones Industrial Average (DJI) futures, which were initially higher on reports China will waive import tariffs on some U.S. pork and soybean shipments, have extended their lead, while the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also signaling positive starts. Continue reading for more on today's market, including: - Behind Goldman's big bull note for Nike stock.
- The restaurant stock to take a bite out of right now.
- Plus, ULTA reports big earnings beat; Tesla gets good China news; and Kate Spade's Tapestry downgraded.
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