The U.S. stock markets fluctuated again as investors weigh the current situation of the labor market in the country based on the jobs report released by the Department of Labor today. The S&P 500 and Nasdaq ended the trading session higher with 0.23% and 0.44% gains, respectively. On the other hand, the Dow Jones Industrial Average (DJIA) ended the week with a slight decline of 0.05%.
Data from the Department of Labor showed that the economy added only 74,000 jobs in December compared with the 200,000 jobs added in the previous month. The growth rate last month was the lowest jobs growth since January 2011. According to the agency, the unemployment rate dropped to 6.7% primarily due to fact that many workers left the labor force.
Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%. Bonhoeffer Fund, LP, is a val