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Jobs Growth Balances Ukraine Tension as Stocks Change Little

Jobs Growth Balances Ukraine Tension as Stocks Change Little (Bloomberg)

Jobs growth beat forecasts while tensions in Ukraine continued; as a result, stocks made only a slight increase from yesterday’s prices. The S&P 500 gained about 1 percent this week, marking the second positive week in a row. “The economy is continuing to gradually improve,” Chad Morganlander, a Florham Park, New Jersey-based fund manager at Stifel Nicolaus & Co., said. “There’s definitely concern about the Russia-Ukraine thunderstorm rolling back into the market. We’ve had very good market performance over the last several weeks in spite of great uncertainty on the geopolitical front.”

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