Wall Street closed higher and the Nasdaq reached an all-time closing high on Thursday as investors headed into their long holiday weekend buoyed by a record surge in payrolls, which provided assurance that the US economic recovery was well under way.
Still, even with May and June's consecutive record payroll gains, the labor market has still recovered only a fraction of the 22 million jobs lost in the March-April plunge. "With the spikes we've seen the larger states - Texas, California and Florida - those states have taken steps to turn back their re-opening plans," Nolte added. "And that will slow the overall growth and consumer spending in those regions."
It’s like magic isn’t it?.....
Consumer confidence index slipped down 4.6% in the last week as C-Virus cases rise in Victoria
We have Joseph Gregory Hallett for England, Russell-Jay Gould for United States, I wonder who will be revealed next for Russia ?
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