Another Strong Month of Hiring Sends Stock Indexes Higher
NEW YORK — Banks and other stocks climbed Friday after the government reported more gains
in hiring last month, the latest signal that the economy is continuing to hum along.
Viacom also said it subscribers to its cable networks dipped in the third quarter,
and in the current quarter it expects a decline in the fees it receives from cable companies who carry its networks.
He said that will lead to a stronger global economy and will help American companies and stocks if growth in the U. S. falters.
Paul Zemsky said that The economy is in pretty good shape,
" he said. that Selling stocks on a tweet or a news headline when the fundamentals are good is going to ultimately lead to losses,
Food delivery company Grubhub and Yelp both jumped after Grubhub moved to expand its business by buying Yelp’s Eat24 unit.
Weight Watchers soared after reporting a strong quarter while Viacom, the media company that owns Comedy Central and MTV, sank.
The company said it didn’t receive a payment in June from Huahua Media, which agreed to
help finance Paramount Pictures films as part of a deal that was struck in January.
