Stock Market News Today: Oct. 4, 2019
The stock market was surging on Friday afternoon, with big gains for all the major indices. The unemployment rate fell to a 50-year low, and White House economic advisor Larry Kudlow commented about possible "positive surprises" related to trade talks between the U.S. and China.
HP Inc. (NYSE: HPQ) investors were treated to a negative surprise after the company outlined a restructuring plan that featured layoffs and a business model shift. Meanwhile, shares of Netflix (NASDAQ: NFLX) moved higher following the release of some positive data.
Source Fool.com