From Nasdaq: 2024-04-07 07:40:48

Stocks staged a recovery Friday after a discouraging week, bolstered by the Labor Department’s report of 303,000 new jobs in March, surpassing expectations of 200,000. Wages rose 0.3%, unemployment fell to 3.8%, and stocks surged. Dow Jones gained 307.06 points, S&P 500 added 57.13 points, Nasdaq rose 199.44 points. However, all three still declined for the week as investors grapple with strong economic data. Tilray Brands reports Q4 earnings on Apr. 9, expected loss of 5 cents per share on revenue of $198.62 million. Delta Airlines reports Q4 earnings on Apr. 10, expected earnings of 35 cents per share on revenue of $12.55 billion. JPMorgan Chase reports Q1 earnings on Apr. 12, expected earnings of $3.88 per share on revenue of $38.8 billion. Wells Fargo reports Q1 earnings on Apr. 12, expected earnings of $1.09 per share on revenue of $20.19 billion.



Read more at Nasdaq:: Weekly Preview: Earnings to Watch This Week 4-7-24 (DAL, JPM, TLRY, WFC)