Stocks rally on mixed jobs data
Stocks (^DJI, ^GSPC, ^IXIC) are rallying at the midday mark after a headline payrolls number miss, but a beat on the unemployment rate in the monthly jobs report. The real estate sector (XLRE) is leading the way, while energy (XLE) is the most in the red. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance Editor-in-Chief Andy Serwer, Yahoo Finance’s Myles Udland and Dan Howley. Caroline Fairchild, senior tech editor of LinkedIn, also joins us live from the Walmart shareholders meeting.
Today, Midday Movers discusses:
Markets react to jobs report
Full employment and the US economy
Walmart’s shareholders meeting
Apple developer’s conference preview