"The U.S. equity markets are tacking onto yesterday's solid gains in late-morning action, despite another softer-than-expected read on domestic job growth. Although the report showed job gains were below expectations and the prior month revision was disappointing, some details of the release showed some bright spots. Treasuries are higher following the employment data, while a read on consumer credit is due out late in the session. Meanwhile, gold is gaining ground, along with crude oil prices, but the U.S. dollar is lower. In equity news, Apple Inc's CEO Tim Cook noted that the tech giant has repurchased $14.0 billion of its own stock on the heels of its disappointing earnings report two weeks ago, while Expedia Inc topped the Street's quarterly expectations. However, Cigna Corp missed analysts' quarterly projections and offered a disappointing outlook. Overseas, Asian stocks finished broadly higher following the positive lead from the U.S. yesterday, while European equities are maintaining their advance despite the disappointing U.S. employment data".
Source: Schwab
Source: Schwab
