Labor Day in the U.S. is here, and that means an extended weekend for traders and investors alike as stocks regularly set fresh record highs.
Heading into the weekend, U.S. equities continued their upward march, boosted by technology stocks after private payrolls data on Wednesday suggested the Federal Reserve might not have to taper its bond purchases as soon as expected. The Fed has kept interest rates low and asset prices high by buying bonds.
The S&P 500 and Dow Jones Industrial Average traded lower Friday after the government’s....More>>>