Dismal Labor Report Unable to Shake Bulls




Schwab Market Update Audio show

Summary: May 8, 2020 U.S. equities finished solidly in the green, with the markets posting weekly gains across the board, as investors appeared to shrug off an expectedly dismal April labor report that showed a plunge in April employment and an historic spike in the unemployment rate, opting to focus on the optimism of progress in economic reopenings in some U.S. states and key regions in Europe, along with recent signs of recovery in China.