Market Snapshot: Stocks end day, week higher as market shakes off jobs report weakness, tariff tiffs

Market Snapshot: Stocks end day, week higher as market shakes off jobs report weakness, tariff tiffs
U.S. stocks on Friday ended the week on a high note and the S&P 500 and Dow recorded a fifth weekly gain in a row, largely underpinned by solid earnings reports throughout the week, shaking off some weakness in July employment and trade-war anxieties. What are benchmarks doing? The S&P 500 SPX, +0.46%  rose 13.13 points, or 0.5%, to 2,840.35,... Read More

Earnings Outlook: Cybersecurity stocks savaged for a second week as Symantec results disappoint

Earnings Outlook: Cybersecurity stocks savaged for a second week as Symantec results disappoint
Cybersecurity stocks fell for a second week in a row, as earnings beats and raised outlooks did little to boost prices in a sector that some believe is overpriced. The ETFMG Prime Cyber Security ETF HACK, -0.61% has fallen 4.9% since the first earnings report of one of its components, Check Point Software Technologies Ltd. CHKP, +0.01% on July 25.... Read More

Arlo stock soars in post-IPO debut as investors bet subscription revenue will come soon enough

Arlo stock soars in post-IPO debut as investors bet subscription revenue will come soon enough
Arlo Technologies Inc. offered the latest evidence that investors are willing to take a chance on hardware IPOs, despite some notable flops in the category over the past few years. Shares of Arlo Technologies Inc. ARLO, +38.13% were up 33% in their first day of trading Friday, a day after speaker maker Sonos Inc.’s stock SONO, +5.22% popped in its... Read More

Personal Finance Daily: Why short-term health insurance is dirt cheap and Reddit got hacked because this common security measure didn’t work

Personal Finance Daily: Why short-term health insurance is dirt cheap and Reddit got hacked because this common security measure didn’t work
Hope you have a good weekend, MarketWatchers. Before you relax, don’t miss Friday’s top stories. Personal Finance Reddit got hacked because this common security measure didn’t work All users should change their passwords now. Why some women are OK with men picking up the check on dinner dates ‘Benevolent sexism’ could foreshadow certain attractive traits. Watch out, taxpayers: You may... Read More

Economic Report: ‘Robust’ jobs growth but ‘uninspiring’ wage gains to freeze Fed’s rate plans, economists say

Economic Report: ‘Robust’ jobs growth but ‘uninspiring’ wage gains to freeze Fed’s rate plans, economists say
Here are some comments from analysts about the July jobs report, which showed 157,000 jobs added in the month, and the unemployment rate falling to 3.9% from 4%. The monthly increase was below the MarketWatch forecast of 195,000. Read more about the report from MarketWatch. • “In one line: Better than it looks; the core trend is still 200K-plus.” —... Read More

Currencies: Dollar struggles for direction despite ‘plenty of positive numbers’ in jobs report

Currencies: Dollar struggles for direction despite ‘plenty of positive numbers’ in jobs report
The U.S. dollar saw subdued trading action on Friday, struggling for a clear direction, following the July jobs report. The ICE U.S. Dollar Index DXY, +0.02% which measures the greenback against six rivals, traded in a narrow band near its levels from Thursday, both ahead of and after the morning’s economic data. The gauge was last little changed in negative... Read More

Medill News Service: New China tariffs show impatience with WTO

Medill News Service: New China tariffs show impatience with WTO
Containers are seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone. China’s decision Friday to retaliate against the Trump administration’s planned 25% tariffs on $200 billion of Chinese imports instead of waiting for a World Trade Organization ruling shows the country “can’t long endure a trade war,” the head of the Alliance for American Manufacturing... Read More