Stock Market Roundup, March 9: Jobs Report Sends Stocks Higher

By Zacks Investment ResearchStock MarketsMar 09, 2018 05:10AM ET

www.investing.com/analysis/stock-market-roundup-march-9-jobs-report-sends-stocks-higher-200297003

Stock Market Roundup, March 9: Jobs Report Sends Stocks Higher

By Zacks Investment Research | Mar 09, 2018 05:10AM ET

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US500

+0.13%

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DJI

+0.16%

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MED

+0.79%

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CBUMF

0.00%

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ISVJY

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A better-than-expected jobs report confirmed the health of the economy and cooled concerns about rising inflation on Friday. Meanwhile, President Trump followed through on his proposed metal tariffs, although the final version of the plan may see exemptions for Mexico and Canada. Regardless, investors were in a good mood throughout the day, and all three major indexes closed more than 1.5% higher.

Zacks Rank #1 (Strong Buy) Top Movers

Value: Interserve (OTC:ISVJY) - +12.1%

Growth: ISVJY

Momentum: China National Materials (OTC:CASDY) - +8.5%

VGM: ISVJY

Income: Medifast (NYSE:MED) - +5.4%

Major Indexes

Dow: 25,335.81 / +440.6 / +1.8%

Nasdaq: 7,560.81 / +132.86 / +1.8%

S&P 500: 2,786.56 / +47.59 / +1.7%

Top Headlines

Non-Farm Payrolls Homerun: 313K New Jobs, 4.1% Unemployment

A blowout 313K new jobs were created in the month of February, more than 100,000 — roughly +50% — higher than expected.

Upcoming Retail Earnings Reports to Watch: DKS, DG, ULTA

The traditional earnings season is effectively over, but a few marquee reports—especially in the retail sector—remain to be released. Make sure to keep an eye on these companies as they prepare to report during the week of March 12!

Want more market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

MEDIFAST INC (MED): Free Stock Analysis Report

INTERSERVE PLC (ISVJY): Free Stock Analysis Report

China National Materials Group Corp. (CASDY): Free Stock Analysis Report

Original post

Zacks Investment Research

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Central Banks

Interest Rates

Next Meeting

FED

4.50%

Mar 19, 2025

ECB

2.90%

Mar 06, 2025

BOE

4.50%

Mar 20, 2025

SNB

0.50%

Mar 20, 2025

RBA

4.10%

Apr 01, 2025

BOC

3.00%

Mar 12, 2025

RBNZ

3.75%

Apr 09, 2025

BOJ

0.50%

Mar 19, 2025

CBR

21.00%

Mar 21, 2025

RBI

6.25%

Mar 10, 2025

PBOC

3.10%

BCB

13.25%

Mar 19, 2025

US 30	43,309.1	+69.0	+0.16%
US 500	5,868.4	+6.7	+0.11%
Dow Jones	43,307.74	+68.24	+0.16%
S&P 500	5,869.54	+7.84	+0.13%
Nasdaq	18,536.67	-7.75	-0.04%
S&P 500 VIX	21.63	+0.50	+2.37%
Dollar Index	107.550	+0.374	+0.35%

Crude Oil WTI	69.92	-0.43	-0.61%
Brent Oil	72.97	-0.60	-0.82%
Natural Gas	3.832	-0.102	-2.59%
Gold	2,855.99	-39.91	-1.38%
Silver	31.280	-0.521	-1.64%
Copper	4.5497	-0.0688	-1.49%
US Soybeans	1,011.00	-11.75	-1.15%

U.S. 10Y	4.227	-0.060	-1.40%
U.S. 30Y	4.519	-0.035	-0.77%
U.S. 5Y	4.024	-0.081	-1.97%
U.S. 3M	4.305	-0.006	-0.14%
US 10Y T-Note	111.13	+0.52	+0.47%
Euro Bund	133.29	+0.38	+0.28%
10-2 Yield Spread	17.88	-1.73	-8.82%

Apple	238.02	+0.72	+0.30%
Alphabet A	167.47	-1.03	-0.61%
Tesla	285.87	+3.92	+1.39%
Amazon.com	208.25	-0.49	-0.23%
Netflix	971.98	+8.91	+0.93%
Meta Platforms	657.22	-1.02	-0.16%
Bank of America	45.41	+1.29	+2.91%

Stock Market Roundup, March 9: Jobs Report Sends Stocks Higher

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