Diana Linn, account manager at Adviser Investments, has the market analysis for Friday, February 1. Major U.S. stock indexes saw minimal movement and mixed results today. The Dow Jones Industrial Average and S&P 500 gained 0.3% and 0.1%, respectively while the NASDAQ fell 0.3%. Meanwhile, the Department of Labor released employment figures, reporting the creation of 304,000 new jobs in January, soaring past estimates of 165,000 new positions in spite of the 35-day federal government shutdown. On the earnings front, ExxonMobil’s stock rose nearly 4% after the company beat fourth-quarter profit expectations.
Daniel Wiener Chairman Jim Lowell Chief Investment Officer Jeffrey DeMaso Director of Research Kate Austin Equity Research Analyst Charlie Toole Vice President, Portfolio Manager Diana Linn Account Manager October 31, 2019