12:35 PM EDT, 05/03/2024 (MT Newswires) -- US equity indexes rose, while government bond yields dropped after midday Friday as a steeper-than-expected decline in nonfarm payrolls raised bets on interest rate cuts. The S&P 500 rose 1% to 5,112.3, with the Nasdaq Composite up 1.7% to 16,113.4 and the Dow Jones Industrial Average 1% higher at 38,605.6. All sectors except...

12:56 PM EDT, 05/03/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading higher. Actively-traded Invesco QQQ Trust (QQQ) was up 2%. US equity indexes rose, while government bond yields dropped after midday Friday as a steeper-than-expected decline in nonfarm payrolls raised bets on interest rate cuts. Energy iShares US Energy ETF (IYE) fell...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * U.S. job growth slows in April * Apple ( AAPL ) jumps after announcing record share buyback * Expedia ( EXPE ) slides after trimming FY revenue growth forecast * Indexes up: Dow 1.13%, S&P 1.10%, Nasdaq 1.90% (Updated...

US stock indices gained ground on Friday following the release of somewhat weak payrolls data for April, which boosted the odds of a Fed interest rate cut in the summer. The US government reported the addition of 175 thousand new jobs to the economy in April, down from 315 thousand in March, while analysts expected the addition of 240 thousand...