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Stocks climb despite disappointing jobs report

The August jobs report is out and it’s a miss. The US economy added 156,000 nonfarm payrolls in August while the unemployment rate rose slightly to 4.4%, according to the Bureau of Labor Statistics. Economists were looking nonfarm payrolls to grow by 180,000 in August while the unemployment rate was expected to hold steady at 4.3%.

And the Dow is looking to stay above 22,000, as traders prepare for Labor Day weekend. Yahoo Finance’s Nicole Sinclair, Jared Blikre and Rick Newman discuss these and the other big stories we’re covering today.

Today’s topics:

  • Latest jobs report
  • Gas prices spike to highest level in two years
  • UPS, FedEx resume service in parts of Texas after Harvey
  • T-Mobile announces launch event for Sept. 6
  • Lululemon shares climb on earnings beat
  • Tesla gets hit with unfair labor practices suit
  • U.S., allies conduct drills over the Korean Peninsula
  • Putin believes putting pressure on North Korea is a dead-end for the United States
  • Canada and Mexico are willing to continue NAFTA if the U.S. decides to leave
  • Microsoft, Apple, Google & Facebook are some of the companies trying to help dreamers
  • Analysts speculate Apple could offer freebies to entice buyers

Tell us what you think:
Twitter Poll: What can Apple do to convince you to spend $1,000 on a new iPhone?

Free Apple Music
Free accessories
A revolutionary phone
Not into the iPhone