The latest U.S. labor market report showed a remarkable rise in nonfarm payrolls in May, with a surprising gain of 339,000, marking the strongest pace of employment growth since January 2023.
US stocks closed mixed on Friday, with the Dow Jones jumping around 170 points, while the Nasdaq Composite fell over 70 points.
On CNBC’s "The Final Call," Carter Worth, Worth Charting, recommended staying long on oil and natural gas.
Early reports on Friday suggest the shopping holiday was off to a slower-than-normal start, but retail investors are hopeful that sales will pick up over the weekend ahead of Cyber Monday next week.