Recorded. The Unemployment Rate came down to 3. 5 . Instant analysis, the job market is cooling a little. Biden will make the most of that. Not sure if its cooling fast enough for the fed. All right, heres the market reaction. Positive. Dow industrials up about 40. Nasdaq up about 70. A lot of some green, lefthand side of the screen. Two big name stocks that are going in opposite directions. Start with apple. Lower sales of iphones, and thats expected to continue. That stock is down over 5, 2. 7 . Amazon, though, way up. Its firing on all cylinders, both revenue and profits. That stock is up 12, and thats 9. 6 . The 10year treasury yield, very little change actually because of, after that jobs report. Youre at 4. 16, down just a fraction in terms of yield. The 2year treasury, well, that is up a tiny fraction. Again, not much difference after that jobs report. Not Real Movement there in the treasury market, not much. Bitcoin still around 29,000 per coin, 29,2, to be precise. All right,
Atlassian Co. (NASDAQ:TEAM – Get Free Report) CEO Michael Cannon-Brookes sold 7,948 shares of the company’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $163.54, for a total value of $1,299,815.92. Following the completion of the transaction, the chief executive officer now owns 87,428 […]
Atlassian Co. (NASDAQ:TEAM – Get Free Report) CEO Michael Cannon-Brookes sold 7,948 shares of the company’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $163.54, for a total transaction of $1,299,815.92. Following the sale, the chief executive officer now owns 87,428 shares of the company’s stock, […]
The Nasdaq 100 index posted its fourth consecutive session in the green on Thursday, closing up 0.6% at 19,576 points and reaching new all-time highs as tech stocks drive broader market gains. The S&P 500 also recorded its fourth straight positive day, rising 0.2% to a record closing level of 5,433 points, rebounding from a morning dip caused by disappointing unemployment claims data. In the afternoon, traders regained confidence in risky assets after U.S. Treasury Secretary Janet Yellen express
Foxhaven Asset Management LP lessened its position in shares of Atlassian Co. (NASDAQ:TEAM – Free Report) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 682,774 shares of the technology company’s stock after selling 18,276 shares during the quarter. Atlassian comprises […]