AllMarket Update
logoArgusMay 11, 2021

Market Update: UAA, ACM, DISCA, PSX, KHC

Sector(s)
Communication Services, Energy, Industrials, Consumer Defensive, Consumer Cyclical
Summary

The April nonfarm payrolls report badly missed consensus expectations and signaled that the economic recovery is far from automatic, or even assured. Stocks rose, suggesting that the fundamental event of a major data report can have far-reaching technical impact in the market.

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